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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## US-Iran Ceasefire and Hormuz Strait
Following a US-Iran ceasefire agreement, vessel traffic through the Strait of Hormuz has resumed. Iran has imposed a $2 million transit fee on certain ships, asserting control over this strategic waterway. The ceasefire, effective from April 8, 2026, requires Iran to ensure safe passage for two weeks.
## Trump's Perspective
US President Donald Trump has expressed conditional support for the toll fee, describing it as a "beautiful thing" and suggesting a potential "joint venture" with Iran. He believes this could lead to significant financial gains and a "Golden Age" in the Middle East.
## Legal and Geopolitical Implications
The toll fee raises legal concerns under the United Nations Convention on the Law of the Sea (UNCLOS), which prohibits charges for mere passage through international straits. Iran, however, argues it is exercising sovereignty and has not ratified UNCLOS.
## Future Negotiations
The ceasefire has paved the way for direct talks in Islamabad, with both US and Iranian negotiators set to meet. The outcome of these discussions could impact the future of the Hormuz toll fee and broader geopolitical dynamics in the region.
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