Oil prices rose and stocks fell on Wednesday following US President Donald Trump’s speech in which he warned he would hit Iran “extremely hard” over the next two to three weeks. Meanwhile, Iran has reportedly begun collecting tolls from ships seeking safe passage through the Hormuz Strait. We’ll take a closer look at how this process is unfolding and whether it could be formalised. Also in this edition, SpaceX has filed for what could become the world’s largest ever Initial Public Offering.
Iran sets up 'tollbooth' in Strait of Hormuz for ships seeking safe passage
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Story Timeline
Wed 18:16 - NRK (NO)
Iran wants toll tolls in the Strait of Hormuz: - We are very negative, says the Shipping Association
Thu 08:48 - BBC Politics
UK to host talks on plan to reopen Strait of Hormuz
Thu 09:26 - France 24
Iran sets up 'tollbooth' in Strait of Hormuz for ships seeking safe passage
Thu 09:36 - Al-Monitor
UK to host talks with 35 countries on reopening Strait of Hormuz
Thu 09:42 - Middle East Eye
Iran pledges safe passage through the Strait of Hormuz for Philippine oil shipments