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German Company Warns Imposing Tolls for Passing Through the Strait of Hormuz Would Be a Disastrous Mistake
Traffic through the Strait of Hormuz has been temporarily closed following an attack on the Omani vessel. Iran has established a temporary maritime passage in the strait for 60 days, during which passage fees are bypassed. The strait management authority has reported that transit is currently not possible, amidst ongoing tensions and impacts on maritime navigation in the region.
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