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The Economic Times
The Economic Times

Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nations

Iran's ambassador to China insisted Saturday that new fees would be charged to ships transiting the Strait of Hormuz -- an idea rejected by Washington -- while assuring that "friendly" nations would receive special treatment.

The initial deal struck between Iran and the United States to end their war stipulated that commercial ships would transit the strait free of charge for 60 days, but it remains unclear what will be in place after that period.

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