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Global Business News

The Economic Times

Global Business / The Economic Times

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Rubio says a Hormuz tolling system would make Iran diplomatic deal unfeasible

United States Secretary of State Marco Rubio declared that Iran's proposed toll system in the Strait of Hormuz would make diplomatic deals impossible. He described the plan as unacceptable and illegal, posing a threat to the world. Rubio also indicated some progress in talks with Tehran regarding the US-Iran conflict, though he cautioned against excessive optimism.

21 May 2026 10:03 pm