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Markets11 May 2026 at 04:52 am
Iran Formalises Hormuz Toll Process: How, Which Nations Will Get Permits
Quick Take
Iran has previously warned that it would deny passage through Hormuz to ships linked to the US or Israel, while others may only transit with Iranian consent. India and Pakistan are among the nations that have negotiated with Tehran to secure passage
Why It Matters
As the world's fastest-growing major economy, India's policy moves set the tone for emerging market capital flows and domestic consumption trends.