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US threatens shipping firms with sanctions if they pay Iran tolls

GenevaTimes by GenevaTimes
May 2, 2026
in International
Reading Time: 1 min read
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US threatens shipping firms with sanctions if they pay Iran tolls
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Tehran says it has collected tolls from ships in order to navigate freely through the strait, with Hamidreza Haji Bababei, deputy speaker of Iran’s Parliament, last week claiming the first toll revenue had been deposited with the country’s Central Bank.

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