Tanker companies are being advised not to pay any tolls to Iran for passage through the Strait of Hormuz, despite a recent ceasefire agreement that has failed to reopen the vital waterway. Iran has suggested that ships must seek its permission and may face fees for safe passage, a move widely opposed by international maritime bodies.

• Intertanko, representing over half the world's oil tanker fleet, advises members not to pay tolls to Iran, citing security concerns and the illegality of such fees under international law.
• US Vice President JD Vance is scheduled to meet with Iranian representatives in Islamabad, Pakistan, to discuss the fragile ceasefire.
• The disruption has drastically reduced tanker traffic through the Strait of Hormuz, with only 15 vessels passing since Tuesday, down from an average of almost 140 daily before the conflict, impacting global oil and gas supplies.