Iran’s Persian Gulf Strait Authority says Iran will waive planned transit fees for commercial vessels using the Strait of Hormuz for 60 days. The decision follows a memorandum of understanding Iran says it has signed with the United States this week. Multiple outlets report that the waiver applies during the interim negotiation period and covers fees connected to services such as security, safety, environmental support, and related insurance. The authority also sets procedural requirements for ships transiting while the agreement is in effect. Vessels seeking passage must submit transit requests at least 48 hours before arrival. Iran says ships must coordinate routes and transit times in advance to help avoid areas affected by mines. According to reporting, Iran previously signaled that it would continue to exercise control of the strait in partnership with Oman and levy service fees that did not exist before the conflict, but it will not do so during the 60-day talks. Coverage also notes statements attributed to Iran’s supreme leader that reflect acceptance of the approved US deal despite differing views.