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Iran sets up Hormuz transit authority to charge ships for passage

Euronews · May 18, 2026, 3:15 PM · Also reported by 4 other sources

Why this matters: an international story with cross-border implications worth tracking.

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks remain deadlocked.

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