Iran is reportedly eyeing to impose licensing fees on the global tech giants for using undersea internet cables, which pass through the Strait, even as Tehran remains engaged in back-channel negotiations with the US to end the conflict that began on Feb 28
Iran could literally turn the Strait of Hormuz into a golden goose amid its conflict with the US.
After reportedly leveraging wartime disruptions in the Strait, including charging oil tankers transit fees of up to $2 million, Tehran is now said to be considering a similar strategy for the undersea internet cables that pass through the critical waterway.
After reportedly leveraging wartime disruptions in the Strait, including charging oil tankers transit fees of up to $2 million, Tehran is now said to be considering a similar strategy for the undersea internet cables that pass through the critical waterway.