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The Hindu

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Watch: Iran proposes new service fees for Strait of Hormuz shipping

Irans Ambassador to China, Abdolreza Rahmani Fazli, says Tehran will introduce service fees for ships transiting the Strait of Hormuz under new arrangements being worked out with Oman. The move follows a temporary agreement with the U.S. that kept the strategic waterway open to commercial shipping for 60 days after the recent conflict.

5 Jul 2026 5:15 pm