US warns Oman not to engage in facilitating tolls for Strait of Hormuz
The United States has drawn a hard line against Oman regarding potential toll fees in the Strait of Hormuz. Treasury Secretary Scott Bessent has declared that any involvement in this initiative, whether direct or indirect, will lead to substantial...

"The United States Government will not tolerate any effort to impose a tolling system in the Strait of Hormuz," U.S. Treasury Secretary Scott Bessent said in a post on X.
"Oman, in particular, should know that the U.S. Treasury will aggressively target any actors involved - directly or indirectly - in facilitating tolls for the Strait and any willing partners will be penalized," Bessent added.
Also read | EU says won't be 'neutral mediator' between Ukraine and Russia
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.