Iran expects $40B from Strait fees

Reports indicate that the Trump administration will continue to urge world leaders to intensify surveillance in the Strait of Hormuz, where The Wall Street Journal estimates that imposing fees on passage through the strait could generate up to $40 billion annually. The report also revealed that U.S. forces coordinated with ships crossing the strait and employed robots to clear mines, as the U.S. Navy resumed its vessel escort operations in the area.

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