JUSTTHENEWS (Kevin Killough) - Iran plans to ban U.S. and Israeli ships from Strait of Hormuz until compensated for war damages
The plan would also impose fees of up to 7% of cargo value on commercial ships sailing under the flag of other nations.
The plan would also impose fees of up to 7% of cargo value on commercial ships sailing under the flag of other nations.
Iran's parliament is reviewing a plan to ban ships linked to the U.S., Israel and other "hostile countries" from transiting the Strait of Hormuz. The Trump administration has rejected the plan.
The Houthis have declared a "complete and total ban" on Israeli-linked vessels passing through the Red Sea, and will treat allegedly Israeli-linked vessels as military targets.
The Iran-backed Houthis’ declaration of a ban on Israeli-linked vessels passing through the Red Sea has raised concerns regarding further disruptions to global trade , compounding cost hikes stemming from the Iranian blockade of the Strait of Hormuz. PULSE POINTS WHAT HAPPENED: The Houthis have declared a “complete and total ban” on Israeli-linked vessels passing through the Red Sea and will treat vessels believed to have Israeli links as military targets. DETAIL: On Monday, the Houthis, an Iran-backed terrorist organization that controls much of Yemen, issued a statement announcing their intention to prevent allegedly Israeli-linked vessels from passing through the Red Sea. The announcement was issued in response to Israeli…Open