24 Hrs
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الخليج
Iran plans Strait of Hormuz fees
Iran plans to impose fees on navigation and insurance services in the Strait of Hormuz instead of transit fees, in an attempt to limit international freedom of navigation. It has emphasized that these fees will cover environmental protection and ship insurance. This move comes as Iran is negotiating to recover its frozen assets and seek compensation for damages caused by the war, amid ongoing deep distrust towards the United States and Israel.
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