Iran Offers Shipping Breaks to “Friendly” Countries

Iran Offers Shipping Breaks to “Friendly” Countries

Iran says it may give special treatment to certain countries—like Russia—when it comes to new tolls for ships passing through the Strait of Hormuz, one of the world’s most important energy corridors.

According to Iran’s ambassador to Moscow, Kazem Jalali, Tehran is working on exemptions for “friendly countries.” This means some nations could avoid or reduce the fees Iran is considering for ships traveling through the strait.

These plans come as Iran looks to tighten control over the route. Reports suggest ships may soon have to arrange payments in advance—possibly in cryptocurrency or Chinese yuan—through Iran’s Revolutionary Guard. There is also discussion of new laws that would formally require tolls for transit.

The move follows months of disruption caused by conflict involving the US and Israel, which has already affected shipping and pushed up concerns about global energy supplies. The strait handles a large share of the world’s oil shipments, so any changes there can quickly impact prices worldwide.

A temporary ceasefire, extended by Donald Trump, has eased tensions slightly, but uncertainty remains about what happens next.

In simple terms, Iran is trying to control a critical oil route and may give advantages to allies—while the rest of the world watches closely because it could affect fuel prices and global trade.

Source: Newstimehub 

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