The Economic Times

Is Strait of Hormuz open now, and will it be free or $2 million transit fee be charged per ship? Strait of Hormuz recent shipping activity, ceasefire terms

Is Strait of Hormuz open now, and will it be free or $2 million transit fee be charged per ship? Vessel movement has resumed after a ceasefire between the United States and Iran. Ships are crossing again while talks continue on a possible $2 million transit fee. The agreement includes a two-week pause in attacks and negotiations on security and fees.