Iran is reportedly planning to reap billions of dollars from charging ships to transit through the reopened Strait of Hormuz. Follow live updates.

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that's constricted global oil supplies

NEW YORK: Ship traffic has picked up in the Strait of Hormuz since Iran and the US signed an interim deal to end a war that constricted global oil supplies and fueled inflation,…

Uncertainty over the future control of the Strait of Hormuz and the possibility of toll charges for passing vessels continue to cast a shadow over efforts to secure a lasting…

Iran and the U.S. both threatened to tax ships crossing the world's most critical oil chokepoint — an action experts say violates international law.

Iran's new Strait of Hormuz toll system targets $40B in annual revenue and accepts Bitcoin and USDT, but actual collections fall far short of projections.

Iran is reportedly planning to reap billions of dollars from charging ships to transit through the reopened Strait of Hormuz. Follow live updates.

Tehran is pushing a plan to charge ships for security, safety and environmental services in the strategic oil route, but US Secretary of State Marco Rubio said no country has the…

The Wall Street Journal cited officials saying that Iran estimates countries could make $40 billion a year charging security, safety and environmental fees in the waterway. Iran's…

During US Secretary of State Marco Rubio's visit to the Gulf states this week, he made it clear that Iran would not be allowed to impose tolls on ships wishing to pass through the…