Iran aims to ban U.S. and Israeli ships from Strait of Hormuz and charge others a toll
The plan would impose fees of up to 7% of cargo value on commercial vessels that pass through the strait. The Strait of Hormuz is an international waterway and no party controls the lanes or the ability to transit through them," a U.S. The Strait of Hormuz — a key route for crude oil, liquefied natural gas and other goods, located between Iran and Oman — was open for shipping until the war.
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