Interesting how much oil dropped on this news despite the fact that the Iranian policy at the strait has not significantly changed:
> Iran has told mediators it will continue to limit the number of ships allowed to cross the Strait of Hormuz and charge tolls for the remaining period of the cease-fire, officials familiar with the matter said.
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> Vessels that pass through the waterway will need to coordinate with the Islamic Revolutionary Guard Corps. The IRGC would still be able to block ships that belong to countries Iran deems hostile
Interesting how much oil dropped on this news despite the fact that the Iranian policy at the strait has not significantly changed:
> Iran has told mediators it will continue to limit the number of ships allowed to cross the Strait of Hormuz and charge tolls for the remaining period of the cease-fire, officials familiar with the matter said. > > Vessels that pass through the waterway will need to coordinate with the Islamic Revolutionary Guard Corps. The IRGC would still be able to block ships that belong to countries Iran deems hostile
Source: WSJ a couple hours ago.