Iran plans tolls for vessels in Strait of Hormuz amid US tensions

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Iran has announced its intention to impose tolls on vessels transiting the Strait of Hormuz, a crucial maritime passage for global oil shipments. This decision comes amid heightened tensions between Iran and the United States, with the strait’s control largely under Tehran’s influence. Prediction markets reflect a 52.5% probability that these fees will be implemented before December 31. This measure could have significant repercussions on global trade and energy prices.

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