Iran plans Strait of Hormuz tolls as regional fighting intensifies
Iran is preparing to reveal a plan for tolls in the Strait of Hormuz, according to a live update on the developing regional conflict. The reported move comes as fighting involving Israel in Lebanon and Gaza is said to be killing and wounding dozens. The Strait of Hormuz is a strategic shipping route, so any change to access or costs there would be watched closely by energy markets and governments.The update said Tehran would disclose its plan soon, but did not give a timetable or detail how the tolls would work. It also linked the development to wider regional tensions,... [Continue Reading]
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