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The member of the Iranian parliament's national security committee said that the fee reflects a new "sovereign regime" in the Strait of Hormuz after decades. (Reuters)
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Iran charging $2 million for ships to pass Strait of Hormuz? Here’s what we know

Cs news3 months ago06 mins

Amid global turmoil over the world’s biggest oil chokepoints, Iran is reportedly charging some vessels $2 million to pass through the Strait of Hormuz, a move described by Iranian parliament member Alaeddin Boroujerdi as a new approach to control the narrow waterway. The member of the Iranian parliament’s national security committee said that the fee…

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