Is Iran Charging Merchant Vessels $2 Million For Passage Through The Strait of Hormuz Amid Ongoing US-Israel-Iran War?
Published on: March 23, 2026, 7:17 a.m. | Source: NewsX
The Strait of Hormuz serves as a vital gateway for global energy shipments and has been largely inaccessible since early March due to the ongoing conflict. Nearly one fifth of the world’s oil and liquefied natural gas (LNG) passes through this strategic maritime route.
