Middle East conflict: Iran imposes transit rules, tolls for vessels in Strait of Hormuz

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Iran has created a new authority to regulate vessels passing through the Strait of Hormuz, requiring ships to seek transit approval and pay tolls before entering the crucial global energy route.

The move formalises Tehran's control over the strategic waterway amid rising tensions with the United States.

The development comes as European nations discuss naval escorts for commercial vessels, while Iran warns against increased foreign military presence in the strait.

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