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Iran and Oman negotiate permanent toll system for Strait of Hormuz, raising energy price and inflation concerns
Iran and Oman are negotiating a permanent toll on Strait of Hormuz shipping, with fees previously hitting $2M per transit. Here's what it means for oil, inflation, and crypto.
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financialpost.com
Iran in talks with Oman over permanent Hormuz toll system
Iran is discussing with Oman how to set up a permanent toll system that will formalize its control of the Strait of Hormuz. Read here now
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cryptobriefing.com
Iran and Oman in talks to impose permanent transit fees on Strait of Hormuz shipping
Iran and Oman are negotiating permanent Strait of Hormuz transit fees up to $2M per vessel, with Bitcoin and yuan accepted. Revenue could reach $8B annually.
