Energy

Iran suspends freight charge on foreign vessels carrying energy products to or from Iran

Photo caption: Strait of Hormuz

 

Iran has temporarily suspended a 10% ​charge on freight fees ‌for foreign vessels carrying imported or exported oil, gas and ​liquid petroleum products to ​and from Iran, the semi-official ⁠Fars news agency reported ​on Thursday.

According to Reuters report, A U.S. naval blockade ​has sharply disrupted the country’s seaborne oil exports.

The presidential legal deputy ​ordered the collection to ​stop until the government approves and publishes ‌a ⁠list of products subject to the charge, Fars said.

Fars said the charge had ​increased the ​cost ⁠of transporting oil, gas and liquid products, ​and suspending the levy ​could ⁠reduce transportation costs and encourage foreign fleets to carry ⁠goods ​to or ​from Iran.

 

 

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