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IRANIAN PARLIAMENT SEEKS TO PASS LAW IMPOSING FEES ON SHIPS TRANSITING THE STRAIT OF HORMUZ
Nearly 2,000 vessels are currently stranded near the narrow waterway, which lies between Iran to the north and Oman and the United Arab Emirates to the south.
On Thursday, Iranian media reported that the country’s parliament is working to pass a law that would impose fees on ships passing through one of the world’s most critical oil transit routes.
“Under this plan, Iran must collect fees to ensure the security of vessels transiting the Strait of Hormuz,” an official stated.
“This is entirely natural. Just like other corridors, when goods pass through a country, taxes and fees are paid. The Strait of Hormuz is also a corridor. We ensure its security, and it is only reasonable for ships and oil tankers to pay taxes to us,” he added.
#TrumpSeeksQuickEndToIranWar #Oli #XAU $XAU
On Thursday, Iranian media reported that the country’s parliament is working to pass a law that would impose fees on ships passing through one of the world’s most critical oil transit routes.
“Under this plan, Iran must collect fees to ensure the security of vessels transiting the Strait of Hormuz,” an official stated.
“This is entirely natural. Just like other corridors, when goods pass through a country, taxes and fees are paid. The Strait of Hormuz is also a corridor. We ensure its security, and it is only reasonable for ships and oil tankers to pay taxes to us,” he added.
#TrumpSeeksQuickEndToIranWar #Oli #XAU $XAU
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Bitcoin ETH retains the grid for oscillation
Playing with a small position in TradeFi
Today, Trump’s statement about ending the war caused a significant drop in high-priced crude oil
The local rebound within the market range is also approaching a high
No more chasing the rise, waiting for a pullback to buy more!
Taking advantage of the crude oil pullback, went long on crude oil
The bullish expectation for crude oil is only due to the war
Based on the market prediction from polymarket
The favorable outlook for crude oil is still present
The war won't end in the short term
#Oli #usoil
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