In news that would surprise no one, Iran has announced that they will be restarting transit fees Strait of Hormuz after 60 days.
Gee, color me completely unsurprised.
Iran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months, after the 60-day period of negotiation that has been triggered by the signing of the memorandum of understanding.
Tehran, claiming a historic victory over the US, said the strait was under its control and a European plan for a naval mission to escort ships though the strait would not be welcome. The US on Thursday lifted its blockade of Iran, and oil tankers began freely moving through the critical channel.
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The talks, which are the first direct meeting between the two sides since they met in Islamabad on 12 April, will be focused on how to implement the 14-clause memorandum, including how to lift sanctions on Iran’s oil exports and ensure that commercial traffic starts to flow freely through the strait of Hormuz.
In a blow to those hoping the strait of Hormuz would be restored to full and permanent freedom of navigation, Mohammad Bagher Ghalibaf, Iran’s chief negotiator, said the strait needed to be managed, which would come at a cost.
Trump is a loser.
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