Iran is introducing a new system for the Strait of Hormuz. Commercial ships and nations cooperating with Tehran will receive priority passage. Specialized services will incur fees. This move comes amid rising Gulf tensions and concerns over global energy supplies. Several oil and gas carriers are already transiting the vital waterway.

Iran is preparing to introduce a new mechanism that would require ships to pay fees before passing through the strategic Strait of Hormuz, amid growing regional tensions involving…

Iran is introducing a new system for the Strait of Hormuz. Commercial ships and nations cooperating with Tehran will receive priority passage. Specialized services will incur…

Iran plans to unveil a Strait of Hormuz traffic management mechanism, collecting fees from cooperating commercial vessels.

Iran is preparing to introduce a new mechanism to regulate shipping through the Strait of Hormuz, including designated routes and service fees, that will...

TEHRAN — Iran has developed a mechanism to regulate maritime traffic through a designated route in the Strait of Hormuz and plans to impose fees for...

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks…