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Europe to foot bill under new proposal to reopen Hormuz
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Iran is considering charging European countries for the upkeep of the Strait of Hormuz under a proposal to reopen the strategic waterway, The Telegraph understands.
Italy, Belgium and France are among the European countries most dependent on Gulf oil and liquid natural gas imports.
Most of Britain's energy comes from Norway, the United States and the North Sea.
Advertisement AdvertisementAdvertisement AdvertisementA United Nations source said the proposal had not yet been tabled by any of the IMO's 176 member states, which include Iran, Oman and the United States.
Advertisement AdvertisementAdvertisement AdvertisementSince the scheme's creation almost a decade ago, it has received donations from countries including Japan, Australia and the United States, as well as private shipping companies, to help foot the bill.