🚨🇮🇷Wild update from the Strait of Hormuz: Iran is now charging up to $2 million per tanker for safe passage.
Iranian lawmaker Alaeddin Boroujerdi told state TV that war has costs and they’re collecting these transit fees to show their strength.
At least one shipping company already paid the $2M (reported by Financial Times, Lloyd’s List, and others).

CNN also noted Iran is moving to monetize control over who gets through.

Meanwhile, Iran keeps moving its own oil just fine.
This whole situation is getting crazy expensive
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