Safe passage for $2m? Iran sets up ‘corridor’ for ships to transit Strait of Hormuz

 Iran has established a new safe shipping corridor in the Strait of Hormuz. Only ships with prior approval from Iranian authorities can use this route. Several countries are in talks with Tehran for their vessels. This controlled passage offers an alternative amid ongoing regional disruptions. Some Indian ships have already used this supervised route. Iran has established a new safe shipping corridor in the Strait of Hormuz. Only ships with prior approval from Iranian authorities can use this route. Several countries are in talks with Tehran for their vessels. This controlled passage offers an alternative amid ongoing regional disruptions. Some Indian ships have already used this supervised route.