Iran Seeks 5%-7% Strait of Hormuz Toll, Oman Backs 3% as Officials Deny Trump Deal Is Imminent: Report
Iran seeks 5-7% toll on ships in Strait of Hormuz amid talks with Oman as Trump's potential deal with Tehran faces pushback from officials.
Iran wants to charge ships a toll to pass through an important shipping waterway, which could make shipping more expensive worldwide. When shipping costs go up, companies that move goods by boat have to spend more money, so it's worth watching how this affects them.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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