South Korea Denies Paying Iran Hormuz Transit Fees
The Blue House denied reports that South Korea is considering paying Iran transit fees for oil shipments. Officials stated the claim is untrue and not under review.
Xurve View
Insights:
Xurve View
The presidential office of South Korea issued a formal statement on Thursday dismissing claims that the government is weighing the possibility of paying transit fees to Iran for maritime passage through the Strait of Hormuz. The denial comes in response to local media reports suggesting such a move was being explored to secure energy supply lines.
