Iran lifts restrictions in the Strait of Hormuz for selected countries
Iran has lifted transit restrictions for ships from India, China, Iraq, and Qatar through the Strait of Hormuz, allowing them to pass freely. Iranian officials stated that Indian and Chinese vessels pay transit fees, while Qatari ships are exempt from any charges. The move aims to secure political support from China. The Strait of Hormuz is a crucial route for global oil and gas transport, accounting for about 20% of the world's exports before recent conflicts. Iran had previously closed the strait following a U.S.-Israeli attack, prompting a maritime blockade by Washington.
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