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 cover security, supervision, and environmental concerns, with "friendly" nations receiving special consideration. This comes after Iran lifted its blockade of the vital waterway following a preliminary deal with the US to end the Middle East war, with ongoing negotiations for a permanent settlement.

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 plans to impose fees for ships in the Strait of Hormuz amid a naval blockade. Fees by October 31 at 74% YES.