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IMO Rejects Hormuz Transit Fees | US News

IMO Rejects Hormuz Transit Fees | US News

Published 1 week, 5 days ago
Description

The UN’s maritime watchdog is firmly opposing any fee for ships passing through the Strait of Hormuz, calling Trump’s proposed 20% cargo charge illegal and unrealistic. Experts confirm transit tolls violate international law, and industry leaders urge Iran and the U.S. to negotiate a solution—since the current standoff is harming global trade, not just regional tensions.

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