More than 20 commercial ships have successfully passed through the Strait of Hormuz in the past 24 hours each is said to have paid a total fee of…

of Hormuz serves as a narrow but indispensable corridor connecting the Persian Gulf to global shipping lanes, carrying a substantial portion of the world’s oil and liquefied natural gas exports. Because of this, any development affecting passage through the strait immediately draws international attention and raises concerns about energy security, continue reading …