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Iran proposes to charge $150,000–$2 million in transit fees for oil tankers using the Strait of Hormuz, with partial in-kind payment accepted.

2026-06-07 10:14

Odaily Planet Daily News: According to Iranian media Fars News, each oil tanker passing through the Strait of Hormuz will be charged a fee of $150,000 to $2 million. Some vessel fees may be paid not in cash, but in the form of goods or barter. (Jinshi)