Iran is officially implementing a mandatory toll system for commercial vessels navigating the Strait of Hormuz. A new legislative bill is currently under review to establish a specialized waterway management framework, which will fund security and tanker services through compulsory transit fees. Reports Podrobno.uz.
The Iranian government previously initiated a localized toll practice on March 20. According to reports, approved carriers were granted access to a safe corridor for approximately two million dollars per transit. Authorities are now preparing to launch a formalized registration system to verify passage rights through this strategic maritime route.
This decision to monetize and restrict maritime traffic follows recent military operations conducted by the United States and Israel against the Islamic Republic. Historically, the Strait of Hormuz has been a critical global chokepoint, facilitating the transport of up to twenty percent of the world's oil and over thirty percent of liquefied natural gas.
On March 25, Tehran granted unrestricted and free transit privileges to vessels from friendly nations, including Russia, China, India, Iraq, and Pakistan. Meanwhile, Iranian Foreign Minister Abbas Araghchi emphasized that allowing geopolitical opponents to access the strait is no longer logical under the current international circumstances.
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