Washington and Tehran are engaged in their most serious indirect diplomatic negotiations in weeks against the threat of renewed US attacks on Iran, and as losses mount for shippers and the energy industry due to disruptions in the Strait of Hormuz, alongside rising costs to the global economy.
Iran Mulls Hormuz 'Fees' as Indirect US Talks Play Out
Vessels transiting the strait have experienced a recent uptick, but a lot of uncertainty surrounds new Iranian thinking on imposing "service fees."
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