
Iran's Hormuz Toll Plan Draws Global Shipping Pushback
Amid ongoing talks to end Iran's war, Tehran pushes a 60‑day truce-based toll through the Strait Authority requiring vessel registration and Iranian insurance. Western insurers call it unworkable and sanction-risky, prompting shippers to bypass Iranian waters via the US-protected Oman route; Lloyd's launches a large insurance facility to cover remaining traffic, but mine clearance remains urgent to restore pre-war volumes.










