Tuesday, July 7, 2026
34.1 C
New Delhi

Iran Introduces Strait Of Hormuz Transit Tolls, Which Nations Will Have To Pay And How Much?

Iran has reportedly introduced a new transit regime for ships passing through the strategically crucial Strait of Hormuz, raising concerns across global shipping and energy markets. According to shipping industry publication Lloyd’s List, vessels will now be required to obtain prior transit authorisation and pay toll fees before entering the waterway. The move comes amid escalating tensions involving Iran, the United States and Israel, with Tehran signalling it will take a tougher stance while continuing to defend its national interests and regional influence.

New Rules For Ships

Iran has reportedly established a new body called the Persian Gulf Strait Authority (PGSA) to regulate vessel movement through the Strait of Hormuz. Under the new framework, ships must secure approval before transit and comply with regulations issued by Iranian authorities.

According to Lloyd’s List, some shipping operators have already paid millions of dollars in fees to obtain passage clearance. One reported payment was estimated at around USD 2 million. However, Tehran has not publicly disclosed the exact toll structure or clarified which countries will be exempt from the charges.

Iran’s Revolutionary Guards-linked Press TV reported on May 5 that vessels intending to pass through the strait would receive official guidance and regulations through the email address info@PGSA.ir

Also Read: Netanyahu Claims Trump Wants To ‘Go In’ Iran To Remove Enriched Uranium, Warns War ‘Not Over’

Iran Signals Tough Position

Iranian President Masoud Pezeshkian said the country would never “bow before the enemy”, stressing that discussions around dialogue or negotiations should not be interpreted as surrender. He said Iran’s objective remained protecting national interests and defending the rights of the Iranian people.

Iran has previously warned that vessels linked to the United States or Israel could be barred from using the Strait of Hormuz. Ships from countries considered “non-hostile” may still be allowed passage, but only after prior coordination and approval from Iranian authorities.

The Strait of Hormuz is one of the world’s most critical oil shipping routes, handling a major share of global crude exports. Any disruption or additional restrictions in the region could increase shipping costs, affect oil prices and add fresh uncertainty to global trade markets.

Also Read: Trump Rejects Iran’s Response To US Peace Proposal, Calls It ‘Totally Unacceptable’

Go to Source

Hot this week

China sentences former official to death in $325 million bribery case

The judgment also ordered the confiscation of Yang’s personal assets. Read More

Prince Harry loses Palace stay ahead of London visit

Prince Harry’s planned stay at a royal residence was withdrawn days before his UK visit, with conflicting accounts emerging over the timeline. Read More

Centre takes down ‘Satluj’ over ‘security concerns’

The Centre directed OTT platform ZEE5 to take down the Diljit Dosanjh-starrer film ‘Satluj’ citing “security concerns” and “obligations” under IT Rules 2021, government sources said on Monday, even a Read More

Vishnu Vishal speaks out on online negativity against ‘Gatta Kusthi 2’

‘Gatta Kusthi 2,’ starring Vishnu Vishal and Aishwarya Lekshmi, has been receiving a good response from family audiences since its theatrical release on July 3. Read More

Zelensky to press Nato for air defence systems after intense Russian strikes

Getty Images Sarah Rainsford, Eastern Europe correspondent in Kyiv 23 minutes ago Ukraine’s president plans to use the Nato meeting in Turkey to urge Kyiv’s allies to deliver the air defence systems it Read More

Topics

China sentences former official to death in $325 million bribery case

The judgment also ordered the confiscation of Yang’s personal assets. Read More

Prince Harry loses Palace stay ahead of London visit

Prince Harry’s planned stay at a royal residence was withdrawn days before his UK visit, with conflicting accounts emerging over the timeline. Read More

Centre takes down ‘Satluj’ over ‘security concerns’

The Centre directed OTT platform ZEE5 to take down the Diljit Dosanjh-starrer film ‘Satluj’ citing “security concerns” and “obligations” under IT Rules 2021, government sources said on Monday, even a Read More

Vishnu Vishal speaks out on online negativity against ‘Gatta Kusthi 2’

‘Gatta Kusthi 2,’ starring Vishnu Vishal and Aishwarya Lekshmi, has been receiving a good response from family audiences since its theatrical release on July 3. Read More

Zelensky to press Nato for air defence systems after intense Russian strikes

Getty Images Sarah Rainsford, Eastern Europe correspondent in Kyiv 23 minutes ago Ukraine’s president plans to use the Nato meeting in Turkey to urge Kyiv’s allies to deliver the air defence systems it Read More

Shivaji statue removal in Goa: SC declines to entertain plea

Supreme Court NEW DELHI: The Supreme Court has refused to interfere with a Bombay HC order directing removal of a Chhatrapati Shivaji Maharaj statue from land owned by Mormugao Port Authority. Read More

Robert Pattinson reveals why he missed Taylor Swift’s wedding

Robert Pattinson says he was busy filming The Batman Part II, preventing him from attending the star-studded celebration. Read More

Strait Of Hormuz Tensions Rise As Oil Tanker Hit By Projectile Amid Fragile US-Iran Ceasefire

Show Quick Read Key points generated by AI, verified by newsroom Oil tanker caught fire after US officials accused Iran of launching missiles Monday. Incident occurred after US-Iran ceasefire agreement expired. Read More

Related Articles