Iran suspends freight charge on foreign vessels carrying energy products to or from Iran

Dubai: Iran has temporarily suspended a 10% charge on freight fees for foreign vessels carrying imported or exported oil, gas and liquid petroleum products to and from Iran, the semi-official Fars news agency reported on Thursday. A US naval blockade has sharply disrupted the country's seaborne oil exports.

The presidential legal deputy ordered the collection to stop until the government approves and publishes a list of products subject to the charge, Fars said.

Fars said the charge had increased the cost of transporting oil, gas and liquid products.