The Strait of Hormuz is one of the world's most important shipping routes, with nearly a fifth of global oil supplies passing through it every day. Iran is planning to introduce charges for ships passing through the Strait of Hormuz, saying the move could generate up to $40 billion (around Rs 3.77 lakh crore) a year. Tehran wants ships to pay for services such as security, safety and environment... [3190 chars]
ADVERTISEMENT
ADVERTISEMENT
2026 Copyright © News-Matic.com. All Rights Reserved
