Hormuz Crisis: Gulf Leaders Reject Transit Fees and Accelerate Strategic Projects

CAIRO — Gulf Cooperation Council (GCC) leaders have firmly rejected any attempt to impose transit fees on vessels passing through the Strait of Hormuz, while accelerating regional infrastructure projects to reduce reliance on the strategic chokepoint, following a high-level summit in Jeddah chaired by Mohammed bin Salman. The meeting, attended by regional leaders including Hamad bin Isa Al […]