Iran rejected the proposal, insisting on its right to control the Strait of Hormuz, while its military also threatened tough measures against vessels that do not use routes approved by Tehran, The Wall Street Journal noted

Iran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by the Straits of Malacca and Singapore,…

Iran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. Despite an interim deal with the U.S.…

Wall Street Journal reports Washington discussed releasing $6 billion in frozen Iranian funds, but talks suffered a setback after Tehran insisted ships use its approved routes…

Iran rejected the proposal, insisting on its right to control the Strait of Hormuz, while its military also threatened tough measures against vessels that do not use routes…

Monetizing the strait would be a dramatic change from before the war, when cargo ships transited without paying any fee.

Tehran has so far refused the offer, which would have seen part of the $100billion in Iranian funds held abroad unfrozen

Iran's ambassador to China insisted Saturday that new fees would be charged to ships transiting the Strait of Hormuz -- an idea rejected...

Iran’s ambassador to China has said that new fees would be charged to ships transiting the Strait of Hormuz, an idea rejected by Washington, while assuring that “friendly” nations…

Iran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolreza Rahmani Fazli stated these fees would…