Iran Proposes Insurance Framework For Hormuz Shipping Amid US Rejection of Fees

Iran has formally proposed an “insurance mechanism” for ships transiting the Strait of Hormuz, insisting that the financial burden should fall on oil transporters rather than the Iranian public.The United States has rejected any form of tolls or fees, with President Donald Trump warning that Tehran’s assurances of free passage must hold or negotiations will collapse.Senior Iranian leader Major
Iran has formally proposed an “insurance mechanism” for ships transiting the Strait of Hormuz, insisting that the financial burden should fall on oil transporters rather than the Iranian public.The United States has rejected any form of tolls or fees, with President Donald Trump warning that Tehran’s assurances of free passage must hold or negotiations will collapse.Senior Iranian leader Major
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