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Iran Proposes $40 Billion Plan To Charge Ships In Hormuz Amid Trade Concerns

The Strait of Hormuz is one of the world's most important shipping routes, with nearly a fifth of global oil supplies passing through it every day.

NDTVยท
AI summary

The Strait of Hormuz is one of the world's most important shipping routes, with nearly a fifth of global oil supplies passing through it every day.

What happened

The Strait of Hormuz is one of the world's most important shipping routes, with nearly a fifth of global oil supplies passing through it every day.

Why it matters

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Key facts
  • Category: world
  • Edition: IN
  • Fetched: Fri, 26 Jun 2026 08:08:27 GMT

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