No Result
View All Result
  • Login
Saturday, April 18, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Iran to prioritise Strait of Hormuz passage for vessels that pay fees

by FeeOnlyNews.com
4 hours ago
in Business
Reading Time: 2 mins read
A A
0
Iran to prioritise Strait of Hormuz passage for vessels that pay fees
Share on FacebookShare on TwitterShare on LInkedIn


Tehran: Iran will prioritise vessels that agree to pay fees for crossing the strategic Strait of Hormuz, a senior Iranian official told CNN on Saturday, amid new restrictions imposed by Tehran on maritime traffic through the vital shipping lane, CNN reported.

“Given the limitation on the number of vessels that will be allowed to pass, Iran has decided to give priority to those vessels that respond more quickly to the new Strait of Hormuz protocols and pay the costs of security and safety services,” the official said, according to CNN.”Vessels that do not pay the fees will have their passage postponed,” the official added, as per CNN.

The move comes after Iran reimposed restrictions on ship movements through the Strait of Hormuz, citing what it described as “repeated breaches of trust” by the United States in the implementation of a ceasefire agreement between the two sides, as reported by CNN.

According to CNN, the senior official said the prioritisation measure is part of Iran’s efforts to manage maritime traffic “in light of the new order governing this strait.”

Live Events

Iran on Saturday announced that the strategic Strait of Hormuz has reverted to its “previous state” of strict military control, as it was before the ceasefire deal with Israel and Lebanon, citing violations by the United States under its continued blockade of Iranian ports, despite Tehran earlier announcing the reopening of the waterway. According to the Iranian state media, Islamic Republic of Iran Broadcasting (IRIB), citing the spokesperson for Iran’s Central Headquarters of the Holy Prophet (PBUH), Tehran had earlier agreed, in good faith, to allow limited and managed passage of oil tankers and commercial vessels through the strategic strait following negotiations. However, the spokesperson stated that the United States repeatedly breached commitments and engaged in “piracy and banditry” under the pretext of enforcing a blockade over the ports of the Islamic Republic.

“Following previous agreements in negotiations, the Islamic Republic of Iran agreed in good faith to allow a limited number of oil tankers and commercial ships to pass through the Strait of Hormuz in a managed manner. Unfortunately, the Americans, with their repeated record of breach of promise, continue to engage in piracy and banditry under the guise of a so-called blockade,” the statement read, as quoted by IRIB.

The spokesperson further declared that control over the Strait has now been tightened, with the waterway placed under the “strict management and control” of Iran’s armed forces.

“For this reason, control of the Strait of Hormuz has returned to its previous state, and this strategic strait is under the strict management and control of the armed forces,” the statement added.

The statement further stated that the current situation would persist unless Washington ensures what Iran described as “complete freedom of movement” for Iranian vessels.



Source link

Tags: FeesHormuzIranPassagePayprioritiseStraitvessels
ShareTweetShare
Previous Post

Broadcom (AVGO) Ranks Among Unrivaled Stocks of the Next 5 Years

Next Post

A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars

Related Posts

A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars

A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars

by FeeOnlyNews.com
April 18, 2026
0

Three people in California have been sentenced for insurance fraud in a bizarre scam that involved someone dressed in a...

Broadcom (AVGO) Ranks Among Unrivaled Stocks of the Next 5 Years

Broadcom (AVGO) Ranks Among Unrivaled Stocks of the Next 5 Years

by FeeOnlyNews.com
April 18, 2026
0

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Unrivaled Stocks of the Next 5 Years. On April 14, Bernstein SocGen...

Iran’s Hormuz whiplash highlights divided regime. ‘The fight between different factions has started’

Iran’s Hormuz whiplash highlights divided regime. ‘The fight between different factions has started’

by FeeOnlyNews.com
April 18, 2026
0

Iran’s military declared the Strait of Hormuz closed again on Saturday after a head-spinning 24 hours of mixed messages from...

Elon Musk’s X Launches Cashtags Feature As It Aims To Bring ‘Real-Time Financial Data’ To Platform: Here’s How It Will Work

Elon Musk’s X Launches Cashtags Feature As It Aims To Bring ‘Real-Time Financial Data’ To Platform: Here’s How It Will Work

by FeeOnlyNews.com
April 18, 2026
0

Elon Musk's X is doubling down on its ambitions to become a financial hub with the rollout of a new...

Fall in provisions help ICICI Bank’s net profit in Q4 FY26

Fall in provisions help ICICI Bank’s net profit in Q4 FY26

by FeeOnlyNews.com
April 18, 2026
0

ICICI Bank reported a 9% year on year increase in net profit in the quarter ended March 2026 mainly due...

AI’s next act: how Salesforce is turning efficiency gains into revenue

AI’s next act: how Salesforce is turning efficiency gains into revenue

by FeeOnlyNews.com
April 18, 2026
0

$100 million in annualized cost savings. Over 3,200 opportunities influenced. Those are the kinds of outcomes leaders everywhere are hoping AI will...

Next Post
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars

A bizarre insurance scam was exposed as 'clearly a human in a bear suit' damaging luxury cars

Pakistani Kima Recipe

Pakistani Kima Recipe

  • Trending
  • Comments
  • Latest
Wells Fargo Transfer Partners: What to Know

Wells Fargo Transfer Partners: What to Know

April 16, 2026
The 23 Largest Global Startup Funding Rounds of February 2026 – AlleyWatch

The 23 Largest Global Startup Funding Rounds of February 2026 – AlleyWatch

March 27, 2026
Easter Basket Ideas for Kids

Easter Basket Ideas for Kids

March 23, 2026
LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

April 16, 2026
Royal Caribbean, Bank of America Launching New Credit Cards

Royal Caribbean, Bank of America Launching New Credit Cards

March 31, 2026
CVS Deals Under  This Week

CVS Deals Under $1 This Week

March 30, 2026
Iran to prioritise Strait of Hormuz passage for vessels that pay fees

Iran to prioritise Strait of Hormuz passage for vessels that pay fees

0
Senate Agriculture Committee Releases Crypto Bill

Senate Agriculture Committee Releases Crypto Bill

0
Pakistani Kima Recipe

Pakistani Kima Recipe

0
The quiet power of emotional intelligence at work

The quiet power of emotional intelligence at work

0
MDF vs. Co-op Funds Explained: The 2026 Strategic Guide to Channel Incentives

MDF vs. Co-op Funds Explained: The 2026 Strategic Guide to Channel Incentives

0
8 Things You Should Never Throw Away Because They Can Expose Your Entire Identity

8 Things You Should Never Throw Away Because They Can Expose Your Entire Identity

0
The quiet power of emotional intelligence at work

The quiet power of emotional intelligence at work

April 18, 2026
8 Things You Should Never Throw Away Because They Can Expose Your Entire Identity

8 Things You Should Never Throw Away Because They Can Expose Your Entire Identity

April 18, 2026
Pakistani Kima Recipe

Pakistani Kima Recipe

April 18, 2026
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars

A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars

April 18, 2026
Iran to prioritise Strait of Hormuz passage for vessels that pay fees

Iran to prioritise Strait of Hormuz passage for vessels that pay fees

April 18, 2026
Broadcom (AVGO) Ranks Among Unrivaled Stocks of the Next 5 Years

Broadcom (AVGO) Ranks Among Unrivaled Stocks of the Next 5 Years

April 18, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The quiet power of emotional intelligence at work
  • 8 Things You Should Never Throw Away Because They Can Expose Your Entire Identity
  • Pakistani Kima Recipe
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.