Overview
- Brent crude prices ticked higher Tuesday amid speculation that Tehran could insist on charging vessels passing through the Strait of Hormuz as part of a ceasefire deal with the U.S.
- Iran’s foreign ministry said navigation of the vital shipping channel “will have costs.”
Global oil markets were volatile on Tuesday, reflecting investor jitters over possible Iranian plans to impose a permanent fee on ships crossing the Strait of Hormuz as part of any peace agreement with the U.S.
Source: https://www.cnbc.com/2026/05/26/iran-oil-price-strait-hormuz-trump-peace-toll-charges-energy.html