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April 8, 2026

Iran to Charge Fees for Shipping in Strait of Hormuz

  • Secretary Pete Hegseth and Gen. Dan Caine confirmed that the Strait of Hormuz is open for shipping as of April 8, 2026.
  • Iran plans to charge shipping firms tolls in cryptocurrency and conduct inspections for weapons, complicating navigation.
  • Shipping firms remain cautious due to unclear conditions despite U.S. assurances about the strait's status.