Iran Imposes a $2 Million Strait of Hormuz Shipping Toll Following Blockade and Military Strike

Iran has established a two million dollar shipping toll in the Strait of Hormuz after closing the waterway following military strikes by the US and Israel.The Islamic Revolutionary Guard Corps conducts background checks to exclude vessels with Western ties while requiring payments in Chinese yuan or cryptocurrency.Donald Trump has urged European nations and the International Maritime Organization to intervene as the blockade threatens the global oil supply.
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