Iran: Traffic through Strait of Hormuz to be gradually increased

Istanbul (ANTARA) - Iran’s Supreme National Security Council stated on Thursday evening (18/6) that traffic through the Strait of Hormuz “will be increased gradually” based on a memorandum of understanding with the United States. “No fees will be charged to applicants for 60 days, and these costs will be borne by Iran,” the council said in a statement broadcast by state television station IRIB. It noted that implementation arrangements and technical details for transiting the Strait of Hormuz will be announced by the Persian Gulf Waterways Authority. “Regarding other issues, including mine clearance, the necessary steps will be taken in accordance with Article 5 of the Islamabad Memorandum of Understanding,” the statement said. On Wednesday evening (17/6), US President Donald Trump and Iranian President Masoud Pezeshkian electronically signed the “Islamabad Memorandum of Understanding,” intended to pave the way for ending the war launched by Washington and Tel Aviv against Iran on 28 February. Pakistani mediators subsequently announced that the memorandum had come into effect, with Iran reopening the Strait of Hormuz to maritime traffic while the US begins lifting its naval blockade against Tehran. Under the memorandum, Washington and Tehran will hold negotiations for 60 days, with the possibility of extension, aimed at reaching a final agreement covering Iran’s nuclear programme and international sanctions.