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Iran forces some tankers to pay millions to leave Strait of Hormuz

April 12, 2026
in Market & News
Reading Time: 1 min read
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Iran is forcing oil tankers to take a new route in the Strait of Hormuz through a narrow passage controlled by its Revolutionary Guard, with some ships charged millions of dollars to transit, according to maritime data shared with NBC News. NBC News’ Raf Sanchez reports on the latest details from the Iran conflict.

For more context and news coverage of the most important stories of our day, click here:

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