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Gulf council accuses Iran of charging to transit Strait of Hormuz

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About 25 percent of the world’s oil and liquefied natural gas usually passes through the waterway which is being blocked by Tehran.

Breakdown
  • Gulf council accuses Iran of charging fees for Strait of Hormuz passage
  • Strait handles 20-25% of global oil and gas shipments 8s
  • Iran reportedly blockaded the waterway after conflict escalation 14s
  • Fees up to $2 million per voyage reportedly demanded 57s
  • Boudaoui is first top official to make this accusation 1m 1s
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