Iran announces plans to bring in maritime fees for strait of Hormuz (opens in new tab)

Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation periodIran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months after the 60-day period of negotiation that has been triggered by the signing of the memorandum of understanding.Tehran, claiming a historic victory over the US, added that the strait was under its control and the European plan for a naval mission to escort ships though the strait woul...