UPDATE: Hormuz passage is initially free – but ships must apply for passage
International Briefing:
The following report highlights an important international development currently attracting worldwide attention.

After the conclusion of the framework agreement with the USA, Iran requires all merchant ships to apply for passage through the Strait of Hormuz. The passage should remain free of charge – but only for 60 days.
What Happens Next:
Experts suggest the long-term impact of these developments may become clearer as more information emerges.
Observers believe further developments could significantly shape the direction of this story in the near future.
Our editorial team will continue tracking this story as new reports become available.
Source: This article was originally published by DER SPIEGEL – Ausland and adapted for our international English-speaking audience.
Read the original article here.