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Iran floats insurance fees and asserts control over Hormuz
For many shippers and oil producers, the demand for mandatory insurance threatens to crystallise a worst-case scenario: tolls on the strait.
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theguardian.com
Iran announces plans to bring in maritime fees for strait of Hormuz
Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period
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hindustantimes.com
Iran floats ‘insurance fees’ as it asserts control over Strait of Hormuz
Country’s Persian Gulf Strait Authority said that ships must follow a prescribed route that passes along its coast and that alternatives are prohibited. | World News
