Iran has reportedly begun charging select merchant vessels a transit fee of USD 2 million to pass through the strategically vital Strait of Hormuz, marking a significant escalation in its assertion of control over the key global shipping route.
The claim was made by Iranian lawmaker Alaeddin Boroujerdi, during a
television programme cited by state media. According to the report, Iran has already collected around USD 2 million from some vessels.
However, the implementation of such fees could pose serious challenges for global shipping companies, particularly in light of existing international sanctions on Iran.