WS #10686
Iran proposes charging fees for Strait of Hormuz passage to generate $40B annually; a vessel is reportedly struck by IRGC Navy off Oman; ships appear to U-turn while trying to exit via Oman route; traffic recovers to 60% of pre-conflict levels but situation remains uncertain.
Strait of Hormuz Escalation
Iran proposes charging fees for Strait of Hormuz passage to generate $40B annually; a vessel is reportedly struck by IRGC Navy off Oman; ships appear to U-turn while trying to exit via Oman route; traffic recovers to 60% of pre-conflict levels but situation remains uncertain.