Iran: "Strait of Hormuz Blockade Could Generate Twice the Revenue of Oil Exports"

Iran hinted at generating twice the revenue from oil exports through transit fees at the Strait of Hormuz, raising concerns about further tensions between the US and Iran. The United States is opposing this plan, with China also voicing its opposition to transit fees, emphasizing Trump's red lines regarding preventing Iran from obtaining nuclear weapons. The disclosure of the contents of a call between US and Chinese foreign ministers is considered unusual.