Iran Says No Hormuz Toll, But Proposes “Environment Tax” Charged On Ships

Iran’s proposed “environmental tax” on ships using the Strait of Hormuz creates a practical problem before it creates a pricing problem: no major shipper, insurer, bank, or charterer can assess the charge without knowing who collects it, what service is being sold, and whether the money reaches a sanctioned Iranian entity. That is the unresolved […] The post Iran Says No Hormuz Toll, But Proposes “Environment Tax” Charged On Ships appeared first on the deep dive.