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Iran approves plan to impose toll on ships passing through Strait of Hormuz
Iran approves plan to impose toll on ships passing through Strait of Hormuz
World
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Iran approves plan to impose toll on ships passing through Strait of Hormuz

CurrentIndia.com
By CurrentIndia.com
Iran’s threats and attacks on shipping in the Strait have effectively halted the movement of around 15 million barrels of crude per day from the Persian Gulf, triggering sharp volatility in global oil markets

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Iran strikes fully loaded Kuwaiti oil tanker at Dubai port; spill risk flagged

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File photo: AP Iran struck a fully loaded crude oil tanker anchored off Dubai’s port on Monday, setting it on fire and damaging its hull, Kuwait’s state news agency reported, citing Kuwait Petroleum Corp. Read More

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With the chokehold on the Strait of Hormuz, Iran is not trying to defeat the United States and Israel military, but it is imposing costs so high that the war becomes unaffordable not just for them but for the world, forcing them to seek a negotiated Read More

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