Iran signals new Strait of Hormuz service fees with special treatment for friendly countries
Iran has said vessels passing through the Strait of Hormuz will face new service fees, while China and other friendly countries will receive special considerations. The announcement was made by Iran's ambassador to China, Abdolreza Rahmani Fazli, at the World Peace Forum in Beijing on Saturday. He said the measures were being discussed as part of new arrangements for the waterway, which links the Gulf to the Arabian Sea and is one of the world's most sensitive shipping routes.Fazli said Iran was working in collaboration with Oman on the plans, describing the two countries as partners in shaping the future... [Continue Reading]
360LiveNews | 05 Jul 2026 09:30 LONDON
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