Iran to Impose Transit Fees for Strait of Hormuz Passage
Iran announced that the Strait of Hormuz will remain open for passage but will now require transit fees, potentially up to two million dollars per vessel. This move has sparked geopolitical tensions and led to EU sanctions against Iran.
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Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted
Read full article →Hormuz Will Be Open But With Transit Fees, Says Iran's Envoy To Moscow
The Strait of Hormuz will be open but under new conditions to be set by Iran and Oman, including a transit fee, Iran's ambassador to Moscow was quoted as saying on Monday. The U.S.
Read full article →Ceasefire in name
THE latest exchange of fire between the US and Iran raises the question: at what point does a ceasefire cease to be one? American forces say they intercepted Iranian drones near the Strait of Hormuz before striking Iranian radar installations. Tehran responded with missiles and drones aimed at Gulf states hosting US forces. Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether. Ceasefi...
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