No Tolls, Just Fees: Iran’s Hormuz Play

Iran will not charge transit tolls for ships passing through the Strait of Hormuz, but it will charge fees, and the distinction matters enormously for global energy markets. Foreign ministry spokesperson Esmail Baghaei confirmed Monday that under the newly finalized memorandum of understanding with the United States, Tehran plans to collect fees covering navigation services, […] The post No Tolls, Just Fees: Iran’s Hormuz Play appeared first on the deep dive.