Iran Moves To Charge Fees From Ships Passing Through Strait Of Hormuz Amid Tension With US, Israel

Iran is preparing to introduce fees for ships passing through the Strait of Hormuz amid rising tensions with the US and Israel, highlighting the strategic importance of the global crude export route. Negotiations between Iran and the US over the nuclear program remain stalled, with Iran rejecting a 20-year suspension offer. Simultaneously, Iran is grappling with worsening economic conditions and rising prices.