Ships in Strait of Hormuz exercise caution after ceasefire agreement

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Multiple reports indicate that ships navigating the Strait of Hormuz remain cautious despite a ceasefire deal. The Iranian Navy has informed vessels that they still require permission to transit the waterway.

Additionally, Iran’s proposal to collect tolls in the Strait of Hormuz has been deemed to violate trade norms by several international organizations. According to recent statements from various news outlets, including the BBC, AP News, and WSJ, Iran is demanding payment for ships passing through the strait during a ceasefire.

Financial Times reports that Iran is also seeking cryptocurrency fees for vessels navigating the Strait of Hormuz. The Hill has confirmed this information, stating that Iran demands $1 per barrel of oil passing through the strait, with payments to be made in cryptocurrency.

These developments have raised concerns among international shipping organizations and governments, who are monitoring the situation closely.

Source: Google News World