Iran considers fund to reopen Strait of Hormuz as shipping nations watch closely
Iran is reportedly exploring a plan to help reopen the Strait of Hormuz by establishing a voluntary international fund supported by Gulf states and European countries that depend on the vital shipping route. Rather than introducing mandatory tolls, the proposed fund would finance key maritime services, including navigation assistance, environmental protection measures, and search-and-rescue operations.…
4 Aug 23:16 · Greek City Times