The Guardian Australia
·general
·2 hours ago
Iran demands $2 million toll from oil tankers, warns of price hikes
Iran demanded a $2 million toll from oil tankers passing through the Strait of Hormuz during ongoing peace talks with the US. Analysts warn that this move could raise global oil prices significantly, costing the market around $20 million a day. The situation underscores rising tensions and the potential for increased shipping costs amid heightened risks in the region.
Summary by Glance · The Guardian Australia
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