Iran imposes $1/barrel tax on Strait of Hormuz oil transit, tightens ship controls

TEHRAN – Iran has announced a $1 per barrel tax on oil passing through the Strait of Hormuz. According to a British newspaper, Hamid Hosseini, spokesperson for the Iranian Petroleum Exporters Union, said that Iran will collect toll tax from oil tankers transiting the strait in cryptocurrency. Hosseini stated that Iran intends to inspect every […] The post Iran imposes $1/barrel tax on Strait of Hormuz oil transit, tightens ship controls appeared first on Daily Pakistan English News.