Published: Apr 19, 2026, 11:00 IST | Updated: Apr 19, 2026, 11:00 IST
Iran is reportedly demanding $270 billion in war reparations while intensifying discussions around compensation mechanisms and transit fees in the Strait of Hormuz. The development has triggered global concern that the world’s most critical oil chokepoint could move toward a “pay-to-pass” system for commercial shipping.