Iran Says Fees Should Be Charged for Passage Through Strait of Hormuz
Negotiators are weighing a fee structure that could give Tehran 7% of cargo value and reshape shipping through the chokepoint, officials said.
- Tehran is demanding passage fees for ships using the Strait of Hormuz, presenting the United States with a difficult choice between paying tolls or prolonging the maritime conflict.
- The conflict followed the collapse of the US-Iran Memorandum of Understanding, after which the Trump administration failed to restore the pre-war norm of 120 to 150 ships passing freely daily.
- Iran is reportedly demanding 7% of a ship's cargo value as a toll; Secretary of State Marco Rubio warned this would create a "very dangerous precedent" in the region.
- While some suggest paying fees is pragmatic, the Trump administration remains dead set against it, fearing such acceptance would validate Iran as the strait's arbiter and provide additional revenue.
- Gulf Arab states are diversifying energy routes, with Fujairah's share of UAE exports rising to 66% in July from 51% a month earlier, reducing Tehran's leverage over the strait.
16 Articles
16 Articles
Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream
Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such astronomical tolls won’t be accepted by the U.S. or Iran’s Gulf neighbors, geopolitical and energy analysts say. That means the ongoing stalemate will drag on indefinitely or Iran will eventually accept a lesser, but still substantial, financial payout. Either way, the Middle East and, as a result, global energy markets are forever chang…
The future of the Strait of Hormuz remains unclear. Iran has now stated that it is working with Oman on new regulations for the strait. According to reports, Tehran is considering levying fees there as payment for services.
A Strait of Hormuz Fee Is the Price of Trump's Dumb, Illegal War
The Trump administration may not like paying for the privilege of using the strait, but its decision to go to war in the first place created the situation the United States is now in. Bad policies have unintended consequences.
aninews.in
LatestlyService fees should be charged for passage through Hormuz: Iranian Foreign Ministry spokesperson
Iran's Foreign Ministry stated that fees should be charged for maritime services in the Strait of Hormuz. While negotiations with Oman continue over a temporary route, Iran blamed US and Israeli aggression for the closure, as US President Donald Trump noted that Washington is "semi-negotiating" via economic pressure.
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