Iran considers tolls on ships transiting Strait of Hormuz

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Iran considers tolls on ships transiting Strait of Hormuz
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An Iranian awmaker says a draft bill would require fees from countries using the key waterway for energy and trade flows.

Iran is considering legislation that would require countries to pay fees for vessels transiting the strategic Strait of Hormuz, Iranian media reported on Thursday.According to the semi-officialISNAnews agency, a draft bill proposes tolls on ships using the vital maritime corridor, one of the world’s most important routes for global energy supplies.

A Tehran lawmaker said the proposal seeks to mandate payments and taxes to Iran if the strait is used as a “safe passage” for shipping, energy transport and food supply chains.He said countries benefiting from the security of maritime transit through the strait “should pay fees and taxes to Iran.”The proposal comes as regional escalation has intensified since Israel and the US launched a joint offensive on Iran on February 28, killing around 1,300 people so far, including then-Supreme Leader Ali Khamenei.Iran has retaliated with drone and missile attacks across the region and has effectively closed the Strait of Hormuz, a key oil transit route that normally handles about 20 million barrels per day and roughly 20 percent of global liquefied natural gas trade, disrupting global energy markets.

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