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Iran's proposal to charge up to $2 million for vessel transit through the Strait of Hormuz has drawn criticism. This article examines the differences in transit fee structures between the Suez Canal, the Panama Canal, and the Strait of Hormuz.
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Iran's proposal to charge up to $2 million for vessel transit through the Strait of Hormuz has drawn criticism. This article examines the differences in transit fee structures between the Suez Canal, the Panama Canal, and the Strait of Hormuz.
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Suez, Panama canals charge for transit. Why can't Hormuz?
Comparison of Canal Transit Fees: Suez, Panama, and Hormuz