Loading ...Cargo Vessel Comes Under Apparent Iranian Attack Near Oman, Crude Jumps, After IRGC Warned It Controls Hormuz Strait
Iran tightens control over Hormuz: The IRGC says ships must obtain authorization to transit the strait or face enforcement action.
Shipping disruptions emerge after increased flows: A tanker near Oman was reportedly attacked, and several vessels turned back after Iranian warnings, sending oil prices higher.
Tehran seeks billions in transit fees: Iran wants to impose Hormuz passage charges that it says could generate up to $40 billion annually.
Rubio rejects the plan: The U.S. says Gulf states offer “zero support” for Iranian tolls and warns they would undermine freedom of navigation.