Pay to Play: Iran Reportedly Levying Multi-Million Dollar 'Safe Passage' Fees in Strait of Hormuz
Recent reports indicate a dramatic shift in maritime security as an oil tanker operator allegedly paid a $2 million "protection fee" to Iran this past Wednesday to ensure unhindered transit through the Strait of Hormuz. $SIGN
This transaction highlights a burgeoning trend where Iran is now charging specific nations millions of dollars per vessel to guarantee safe passage through one of the world's most critical energy chokepoints. $KITE $COS