Daily News Egypt
Iran’s Revolutionary Guard (IRGC) has begun imposing a formal toll system on vessels transiting the Strait of Hormuz, charging fees in Chinese yuan and requiring ships to fly the flags of “friendly” nations to avoid attack, Bloomberg reported, citing shipping industry sources and government officials. The burgeoning system requires ship operators to contact an IRGC-linked […] The post Iran’s Revolutionary Guard imposes yuan-based tolls for Strait of Hormuz transit: Bloomberg first appeared on Dailynewsegypt .
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