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Iran starts to formalize its chokehold on the Strait of Hormuz with a ‘toll booth’ regime

Iran's Islamic Revolutionary Guard Corps reroutes ships through a narrow corridor and charges up to $2 million in yuan per transit, reducing tanker traffic by 90%, analysts say.

  • On Tuesday, March 24, 2026, the Islamic Revolutionary Guard Corps Navy ordered the container ship SELEN to retreat after it failed to comply with legal protocols and lacked permission to transit the Strait of Hormuz, according to IRGC commander Alireza Tangsiri.
  • Iran's parliament is drafting legislation to formalize transit fees and codify sovereignty over the Strait, while the IRGC has established a de facto toll booth regime requiring vessels to undergo geopolitical vetting before passage.
  • With nearly 2,000 vessels stranded in Gulf waters, traffic has reached a near-standstill; sources report at least two ships paid around $2 million for safe passage, though international law experts dispute the legality of such fees.
  • Global benchmark Brent crude topped $114 a barrel as tensions spurred a sharp spike in oil prices; Sultan al-Jaber, head of Abu Dhabi National Oil, described the chokehold as "economic terrorism" against global energy consumers.
  • U.S. Marines will arrive starting March 27, 2026, to potentially reopen the waterway; the USS Tripoli, carrying about 2,200 Marines, will be first on station, followed by the USS Boxer with another expeditionary force.
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Associated Press NewsAssociated Press News
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Lean Left

Iran starts to formalize its chokehold on the Strait of Hormuz with a 'toll booth' regime

Iran is cementing its hold over the Strait of Hormuz, demanding vessels give up detailed information and detour into Iranian waters before being vetted by Iran’s Islamic Revolutionary Guards Corps.

·United States
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Center

Iran continues to control the passage of ships in the Strait of Hormus. Partly, the regime apparently requires a fee - experts describe a kind of "toll" system. Tehran even wants to pour such charges into laws.

·Hamburg, Germany
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Jordan Times broke the news in Amman, Jordan on Thursday, January 1, 1970.
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