Iran receives first revenue from Strait of Hormuz tolls, says official

Iran has begun collecting its first toll revenues from vessels transiting the Strait of Hormuz, generating a new source of income for the government. The fees could raise shipping costs for regional trade routes, affecting exporters and importers that rely on this critical maritime chokepoint.

A senior Iranian official confirms Tehran has received its first revenue from tolls imposed on ships passing through the strategic Strait of Hormuz. Read More: https://punchng.com/iran-receives-first-revenue-from-strait-of-hormuz-tolls-says-official/