Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period Middle East crisis – live updates Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period Middle East crisis – live updates Iran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months, after the 60-day period of negotiation that has been triggered by the signing of the memorandum of