WSJ: Iran limits the number of ships passing through the strait to a dozen per day

ME News report, April 9 (UTC+8): Iran informed the mediators that it will limit the number of ships passing through the Strait of Hormuz to about a dozen per day and will charge a passage fee. The Arab mediators said that passing ships must coordinate with Iran’s Islamic Revolutionary Guard Corps. According to S&P Global Market Intelligence data, only 4 ships were permitted to pass on Wednesday, the lowest level since April. The permitted ships are currently sailing along the usual route north of the corridor between Qeshm Island and Larak Island in Iran, close to the Iranian coast, heading toward Oman. Shipping operators say fees are usually set one week in advance and vary according to the size of the vessel; the fees for an ultra-large oil tanker that can carry about 2 million barrels of crude oil can be as high as $2 million. Iran also proposed sharing the passage fees with Oman, but Oman has not yet agreed to the plan. According to the latest reports from Iran’s Press TV, the Strait of Hormuz has been fully closed, forcing oil tankers to turn back. (Jin10) (Source: BlockBeats)