GeneralBearishFortune Crypto · 4h ago7/10
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Iran floats ‘insurance fees’ and asserts control over Hormuz
Iran's Persian Gulf Strait Authority announced plans to require ships transiting the Strait of Hormuz to obtain an insurance policy, currently free but potentially subject to future charges. This move represents Iran's assertion of greater control over one of the world's most critical maritime chokepoints through which roughly 21% of global oil passes daily.
