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Iran working on Hormuz protocol to cover costs

Filed: May 13, 2026 at 3:07 PM ET
Summary: Iran’s deputy foreign minister said Iran is working on a Hormuz “protocol” to cover “costs.”
WHO: Kazem Gharibabadi
WHAT: Iran working on a Hormuz “protocol” to cover “costs,” while alleging a BRICS member is trying to scuttle a joint statement
WHEN: May 13, 2026 at 2:20 PM ET
WHERE: Iran
WHY: None
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 3 earlier reports
🔍 8 sources analyzed

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