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 would receive special treatment.

Leading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran conflict. While some Gulf Arab officials…

Iran to levy transit fees in the Strait of Hormuz after a 60-day grace period, asserting control with Oman and warning ships against alternative routes.