Iran Aims for Major Revenue from Hormuz Strait Toll Plan
According to a report from the ISNA news agency, the Iranian parliament is drafting a bill on managing the Hormuz Strait, which proposes implementing toll fees for foreign ships passing through. This bill aims to generate revenue between $10 and $15 billion USD and strengthen Iran's national currency, the rial. Payments are planned to be made in the rial, either through offices in Iran or the national banking system.
This plan faces opposition from several countries that use these strategic waters, including the United States. The U.S. Navy has stated its intention to blockade all inbound and outbound maritime traffic from Iranian ports in the Hormuz Strait, emphasizing that non-Iranian ships may pass freely without paying fees to Iranian authorities.
To date, Iranian authorities have not officially announced the enactment of these toll fees, but discussions and debates over the bill continue at the parliamentary level.
https://www.gelora.co/2026/04/