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Iran proposes tolls on Strait of Hormuz amid oil market volatility

Iran proposes tolls on Strait of Hormuz amid oil market volatility

Iran has proposed tolls on the Strait of Hormuz, aiming to generate revenue amid ongoing geopolitical tensions. The move, announced on April 19, 2026, could increase tensions in the region and impact global oil markets. The proposal comes as oil market volatility persists, potentially affecting US-Iran relations and international trade routes.

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