Iran Imposes $2 Million Transit Fee, Threatens Closure of Strait of Hormuz
Bhubaneswar: Iran has announced a dramatic escalation in its maritime posture, declaring that select vessels passing through the Strait of Hormuz will be charged a steep $2 million transit fee (approximately ₹18.7 crore). The move, reportedly already implemented, was confirmed by Iranian lawmaker Alaeddin Boroujerdi, a member of the country’s parliamentary national security committee, in…