Won't impose 'traditional fees' on passage of ships through Hormuz, says Iran: Reports
- Posted on April 18, 2026
- By Business News Today
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Won't impose 'traditional fees' on passage of ships through Hormuz, says Iran: Reports
Iran is introducing new rules for the Strait of Hormuz. Ships will need security coordination and Iranian approval to pass. Hostile military vessels will be blocked. Iran asserts its guardianship of the vital waterway. This comes amid escalating regional tensions and negotiations with the United States.