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Strait of Hormuz crisis Tankers and Gas Dry Bulk

Iran pushes ahead with Hormuz toll ‘authority’ amid reports of US-Iran deal

  • Iran moves to normalise control over Strait of Hormuz shipping amid reports of a US-Iran deal to reopen the waterway
  • Reported deal would pause Iran’s nuclear enrichment in exchange for sanctions relief and the lifting of Hormuz transit restrictions, but details are yet to be negotiated
  • China has urged a swift reopening of the strait, calling for all parties to restore safe passage

  • News

Iran has created a new Persian Gulf Strait Authority to approve ship transits and collect tolls in the Strait of Hormuz, just as reports are emerging that the US and Iran are negotiating a detailed agreement to open the strait

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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