Iran’s Parliament engaged on invoice to impose charges on ships in Strait of Hormuz

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A map showing the Strait of Hormuz is seen in this illustration taken March 23, 2026.

A map displaying the Strait of Hormuz is seen on this illustration taken March 23, 2026.
| Picture Credit score: Reuters

Iran’s Parliament is engaged on a invoice to formalise the charges it’s reportedly charging on some ships transiting by the Strait of Hormuz, native media reported.

The Fars and Tasnim information companies, each near Iran’s Revolutionary Guard, quoted lawmaker Mohammadreza Rezaei Kouchi as saying that “Parliament is pursuing a plan to formally codify Iran’s sovereignty, management and oversight over the Strait of Hormuz whereas additionally making a income by the gathering of charges”.

Additionally learn: West Asia struggle updates on March 26, 2026

“That is fully pure; simply as items pay transit charges when passing by different corridors, the Strait of Hormuz can also be a hall,” he reportedly stated.

“We offer its safety, and it’s pure that ships and oil tankers ought to pay such charges.” The Strait of Hormuz, the slim mouth of the Persian Gulf, is taken into account a global waterway open to all transport.

Imposing charges would finish that and sure be strongly opposed by the Gulf Arab states, the USA and others.

An Emirati oil govt calls Iran’s chokehold on the Strait of Hormuz “financial terrorism”. The remark by Sultan al-Jaber, who leads the large state-run Abu Dhabi Nationwide Oil Co., signalled the hardening rhetoric of the United Arab Emirates because the struggle nears its one-month mark.

“Weaponising the Strait of Hormuz isn’t an act of aggression towards one nation,” Sultan al-Jaber stated in a speech for an occasion hosted by the Center East Institute in Washington.

“It’s financial terrorism towards each client, each household that will depend on inexpensive power and meals. When Iran holds Hormuz hostage, each nation pays the ransom on the fuel pump, on the grocery retailer and on the pharmacy. No nation may be allowed to destabilise the worldwide financial system on this approach. Not now. Not ever.”

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