Tehran’s Persian Gulf Strait Authority mandates vessel coverage for Hormuz transit, drawing sharp industry criticism and raising fears of a precedent for tolling international waterways. Just days after a US-Iran Memorandum of Understanding promised toll-free passage through the Strait of Hormuz for 60 days, Iran has introduced a fresh complication: a mandatory insurance requirement for all vessels transiting the critical chokepoint. The move, a…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.