Is Iran charging a toll to allow oil traffic through Hormuz?
Middle East oil exports have climbed back above levels seen before the US-Israel war on Iran began in February, despite Tehran’s attempts to blockade the Strait of Hormuz and attack vessels. Crude exports from the region exceeded pre-war levels on four days in the final week of September, reaching between 19.5 and 22.5 million barrels ...
Iran may be charging a fee for allowing oil traffic through the Strait of Hormuz, according to a senior Kpler analyst. Despite Tehran's attempts to block the strait and attack vessels, oil exports from the region have outpaced pre-war levels in recent days. The analyst suggests that countries may be paying Iran a toll to ensure safe passage, but this claim remains unverified.
Iran denies losing control over the waterway and claims only a small fraction of oil is passing through a US-supervised route. High oil prices are attributed to elevated insurance rates and market speculation of a potential return to conflict. Analysts warn that the situation remains tense, with the Strait of Hormuz serving as a major flashpoint for global fuel costs and agricultural sectors.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
