Iran to allow about 10 ships daily through Strait of Hormuz for fees up to $2 million: Reports

Moscow, April 12 (Sputnik/UNI) Iran intends to allow no more than a dozen ships through the Strait of Hormuz, with fees potentially reaching up to $2 million per supertanker, the Wall Street Journal reported.According to the newspaper, shipowners from several countries are negotiating with the Islamic Revolutionary Guard Corps (IRGC) to transit the Strait of Hormuz.The few ships crossing the strait must travel along specially designated routes and obtain the necessary permits, the publication said.

Published by HT Digital Content Services with permission from United News of India....