Iran is weighing the imposition of transit fees on ships passing through the Strait of Hormuz — the world's vital maritime artery — as tensions with the West intensify.
According to sources, Tehran is assessing economic and security options to establish a toll station at the strait, which carries about 20% of the world's seaborne crude oil. The plan is seen as a response to U.S. and allied sanctions and a way to bolster Iran's negotiating position.
The Strait of Hormuz lies between Iran and Oman, linking the Persian Gulf with the Gulf of Oman and the Indian Ocean. For years, Iran has repeatedly threatened to block or restrict passage through the strait if attacked or subjected to excessive pressure.
Experts warn that imposing fees at Hormuz could push global oil prices higher, disrupt the world economy, and exacerbate military tensions in the region. There has been no official response from the United States or Gulf states to this information.
Previously, Iran has denied allegations of seeking to blockade the strait but asserts its right to control maritime security in the area under international law.
