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 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 toll for passage. The Arab mediators stated that passing ships must coordinate with the Iranian Islamic Revolutionary Guard Corps. According to data from S&P Global Market Intelligence, only 4 ships were permitted to pass on Wednesday, the lowest level since April. The ships authorized to pass are currently sailing along the usual route north of the corridor between Qeshm Island and Larak Island, close to the Iranian coast heading toward the Arabian Sea. Shipping operators say that fees are usually determined a week in advance and depend on the size of the ship, with ultra-large oil tankers capable of carrying about 2 million barrels of crude oil costing up to 2 million USD. Iran also proposed sharing the tolls 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)