Iran and Oman have advanced joint proposals for service fees on vessels transiting the Strait of Hormuz following the June 2026 U.S.-Iran memorandum that imposed a 60-day toll-free window after the ceasefire. Iranian officials, including chief negotiator Mohammad Bagher Ghalibaf, have stated the waterway will not revert to pre-war conditions and confirmed operational collection of charges averaging $1.5–2 million per vessel under a Persian Gulf Strait Authority framework. Washington has rejected any mandatory payments on the international waterway, while Tehran frames fees as compensation for navigational, insurance, and environmental services rather than prohibited transit tolls. Ongoing bilateral talks with Oman and regional consultations continue to shape implementation timelines and revenue-sharing arrangements amid persistent U.S. objections.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedIran charges Hormuz fees by...?
$3,063,542 Vol.
September 30
2%
October 31
11%
December 31
25%
$3,063,542 Vol.
September 30
2%
October 31
11%
December 31
25%
A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify.
A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify).
Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria:
1) An official announcement from the Iranian government that such a fee is being, or will be, implemented.
2) A consensus of credible reporting that collection of the fee has begun.
Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify.
The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.
Market Opened: Jul 1, 2026, 11:41 AM ET
Resolver
0x65070BE91...A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify.
A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify).
Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria:
1) An official announcement from the Iranian government that such a fee is being, or will be, implemented.
2) A consensus of credible reporting that collection of the fee has begun.
Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify.
The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.
Resolver
0x65070BE91...Iran and Oman have advanced joint proposals for service fees on vessels transiting the Strait of Hormuz following the June 2026 U.S.-Iran memorandum that imposed a 60-day toll-free window after the ceasefire. Iranian officials, including chief negotiator Mohammad Bagher Ghalibaf, have stated the waterway will not revert to pre-war conditions and confirmed operational collection of charges averaging $1.5–2 million per vessel under a Persian Gulf Strait Authority framework. Washington has rejected any mandatory payments on the international waterway, while Tehran frames fees as compensation for navigational, insurance, and environmental services rather than prohibited transit tolls. Ongoing bilateral talks with Oman and regional consultations continue to shape implementation timelines and revenue-sharing arrangements amid persistent U.S. objections.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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