Iran Warns: Strait of Hormuz Will Not Return to Pre-War Norms, New Fees to Be Charged

Iran's Foreign Minister announced that the Strait of Hormuz will not return to its pre-war state, and that service fees will now be charged for passage. The statement signals a major shift in policy for the strategic waterway, through which about one-fifth of the world's oil supply passes. The minister did not provide details on the fee structure or when the new charges would take effect. The move is likely to raise tensions in the region and impact global energy markets.