Iranian Parliament Panel Approves Draft Charging Ships in Hormuz
Tehran moves to bill the strait while Washington memes it US territory; readers picking a side miss that both acts tax the same tanker route.
Theo Kaplan
Bureau: San Francisco
Hormuz Fee Regime Sets a Price for Every Passing Ship
Tehran's parliament wrote a fee schedule onto free passage the same week traffic climbed 27 percent, and every hull in the strait now owes two empires that agree on nothing except billing.
Tanker Blacklist Watch Begins as Hormuz Transit Rules Harden
Iran's strait regulator has the tools to turn transit rules into enforcement lists, and shipping desks that ignore the paperwork will price insurance too late.
Rial Slides as Iranians Wait Out the Sanctions Weekend
The currency's worst prints land after press time; readers who wait for the record-low headline will miss the shortage economics that produced it.