European countries are negotiating with Iran for transit permissions through the Strait of Hormuz, vital for global oil shipments. Iran has maintained control over the strait amid ongoing conflict with the U.S. and Israel, imposing tolls and restricting access to select commercial vessels. A new management mechanism for maritime traffic is expected soon.

• 01Iran has blocked shipping through the Strait of Hormuz since the outbreak of war with the U.S. and Israel on February 28, 2026.
• 02The negotiations involve European countries and the Iranian Revolutionary Guards navy, although specific nations were not disclosed.
• 03Iran has recently allowed the passage of dozens of ships, particularly from East Asian countries, after establishing management protocols.
• 04Ebrahim Azizi, head of the Iranian parliament's national security commission, indicated that a new traffic management mechanism will be unveiled soon.
• 05Only vessels cooperating with Iran will benefit from the new traffic management system, with fees imposed for specialized services.

The negotiations could potentially ease shipping restrictions and stabilize oil markets, affecting prices and availability for consumers globally.