Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation periodMiddle East crisis – live updatesIran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months after the 60-day period of negotiation that has been triggered by the signing of the memorandum of understanding.Tehran, claiming a historic victory over the US, added that the strait was under its control and the European plan for a naval mission to escort ships though the strait would not be welcome. Continue reading...
Source: https://www.theguardian.com/world/2026/jun/18/iran-announces-plans-to-bring-in-maritime-fees-for-strait-of-hormuz