ConflictHighConfirmedAccelerating
9.2
IRGC declares prohibited shipping zone near Strait of Hormuz
Interfax·IR·3 days ago
Iran has suspended a 10% surcharge on chartering foreign tankers for oil and liquefied gas imports/exports, per Fars news agency. This move likely aims to reduce shipping costs and facilitate trade amid sanctions and potential supply constraints. The policy change signals a pragmatic adjustment to maintain export flows, though its impact on global oil markets is uncertain.