March 31, New Delhi – The Iranian parliamentary commission has approved plans to impose tolls on vessels transiting the Strait of Hormuz.According to state media, the proposal includes financial arrangements in local currency, cooperation with Oman, and also includes the "prohibition of...
crude oil
economic vulnerability
energy markets
geopolitical tensions
international trade
iran
liquefied natural gas
maritime transportation
middle east conflict
navigational risks
oman
sanctions
strait of hormuz
tolls
vesseltransit