Iran has proposed a 5 to 7 percent fee on cargo passing through the Strait of Hormuz, as part of a strategy to levy charges on foreign ships to compensate for damages linked to ongoing regional conflicts involving the U.S. and Israel. Negotiations regarding the fee’s implementation are ongoing, with the U.S. expressing opposition to such charges. Predictive market pricing indicates a 10.5% likelihood of implementation in the short term and 52% in the longer term. Key actors to monitor include the Iranian Parliament and the IRGC, whose decisions could significantly influence fee implementation.
Source: Read the original article

