India, June 15 -- The US-Israel-Iran war has reached to its final agreement after months of violence and conflict between the US and Iran. But now the Iran-US-Israel war will be ending soon as the US-Iran peace deal has been finalised. And now both countries have clarified their position on ship movements through the Strait of Hormuz.

Iran said commercial vessels will not be charged transit tolls for crossing the waterway. However, ship operators will have to pay service fees for navigation support, environmental protection measures, insurance-related services, and maritime assistance.

The announcement comes as the global shipping companies and energy markets are closely monitoring the reopening of one of the world's most important oil ...