Tanker Operators Advised Against Paying Iran Toll for Strait of Hormuz Passage
Following a ceasefire agreement on April 8, 2026, Iran has demanded toll payments from ships passing through the Strait of Hormuz, a critical maritime route.However, tanker operators have been advised not to comply with these demands due to safety and legal concerns.Iran has indicated that ships must seek its permission to transit the strait or risk being "targeted and destroyed." The country has also suggested it may levy fees for safe passage, a move that has raised alarm among international shipping groups.Phillip Belcher, representing Intertanko, which advocates for 190 independent tanker operators and over half of the global oil tanker... [Continue Reading]
360LiveNews | 11 Apr 2026 01:33 LONDON
