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Iran suspends 10% freight charge on foreign tankers carrying its energy

Mountain Time
Local time
2:58 PM in Tehran
Where
Tehran, Iran

Iran temporarily suspended a 10% charge on freight fees for foreign vessels carrying oil, gas and liquid petroleum products to and from the country, Fars reported, until the government approves a list of products subject to the charge.

Why it matters

Fars said dropping the levy could cut transport costs and draw foreign fleets back, a sign the US blockade is squeezing Iran's seaborne trade.

Sources (3)

Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels

Correction

  • Corrected the headline (it read "Iran drops 10% freight surcharge on foreign oil and gas carriers"); revised the summary; revised the context note; corrected the location from Iran to Tehran, Iran; reclassified it from economic_measure to shipping; updated the sourcing note; merged a duplicate entry into this one ("Iran Suspends 10% Freight Surcharge on Foreign Vessels Carrying Its Energy Exports"); added 2 sources: The Times of Israel live blog, Cyprus Mail (Reuters). Why and evidence