politics
Iran creates agency for Strait of Hormuz tolls as it reviews US plan to end war
Why this matters: political developments that affect policy direction and public trust.
The Iranian government this week launched an agency to administer tolls on ships transiting the Strait of Hormuz, as officials in Tehran consider a proposal from the Trump administration to end hostilities. The new agency, called the Persian Gulf Strait Authority, will approve ship transits and coll
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