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Iran To Grant China, 'Friendly' Countries 'Special Consideration' On Hormuz Fees

Iran To Grant China, 'Friendly' Countries 'Special Consideration' On Hormuz Fees Via The Cradle Iran's ambassador to China stated on Saturday that the Islamic Republic would impose service fees on vessels transiting the Strait of Hormuz, but that China and other "friendly" countries would be granted "special considerations." During a speech at the World Peace Forum in Beijing on Saturday, Iranian Ambassador Abdolreza Rahmani Fazli affirmed that Iran was working in "collaboration and cooperation" with Oman on "new arrangements" for the strait. via Associated Press Ships passing through Hormuz, through which one-fifth of the world's oil...
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Mar 14, 2026 / Tyler Durden
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