finance
Iran Says It Will Charge for Services in Strait of Hormuz
An Iranian Foreign Ministry spokesperson stated that Iran will begin charging for services provided in the Strait of Hormuz. The announcement follows recent developments in the region.
Jun 13, 11:34 AM·1m read5 sources
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The statement was reported by Fars News Agency and carried on Iranian state media.
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The spokesperson said the decision follows from the need to recover costs for services already rendered in the waterway. No timeline or fee schedule was provided in the initial remarks.
Hormuz is a narrow passage between Iran and Oman that carries a significant share of global oil shipments. Iranian state television broadcast the comments without additional explanation. >"We must charge for the services provided in the Strait of Hormuz." — Iranian Foreign Ministry spokesperson, via IRIB
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