The Iran-aligned Houthi movement is reportedly considering imposing transit fees on commercial ships passing through the Bab el-Mandeb Strait, according to Reuters. The strategic waterway links the Red Sea to the Gulf of Aden and handles around 12% of global trade. The proposal, which has not been officially confirmed, reportedly follows recent discussions between Houthi officials and Iranian representatives in Tehran. Sources say most commercial vessels could be affected, while Chinese-flagged ships may receive exemptions. Iranian advisers are also reportedly helping explore the creation of an authority to regulate transit fees, potentially increasing regional tensions and disrupting global shipping.
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