Hormuz shipping fees may drive up import costs, Fakude warns

Iran and Oman are reportedly close to reaching a deal over control of the Strait of Hormuz, a key global energy route. However, Tehran says an agreement alone will not be enough to reopen the strategic waterway. The agreement is considered crucial to broader efforts to end the war, which began after simultaneous American and Israeli attacks on Iran in late February. We spoke to Senior Researcher and Director at Africa Asia Dialogues Thembisa Fakude