Zincwarrior
Diamond Member
Iran plans to charge ships for safe passage through Strait of Hormuz, report says
Well well, evidently the US just gave Iran a permanent income stream. This war is working out swimmingly.
Iran plans to charge ships for safe passage through Strait of Hormuz, report says
Iran plans to charge ships for safe passage through Strait of Hormuz, report says
Officials in Tehran have drafted legislation to create a toll system where ships pay for safe passage through the waterway, Iranian media reported.
Iran is preparing legislation that would impose tolls on ships passing through the Strait of Hormuz, according to Iranian state-aligned media.
Traffic in the waterway, a critical shipping route, has effectively come to a standstill since the U.S. and Israel’s war with Iran began almost four weeks ago. Subsequent supply constraints, along with attacks on energy facilities and regional production shutdowns, have pushed oil prices into triple digits.
Revolutionary Guard-aligned news agency Fars said overnight that a lawmaker had told its reporter the plans to impose tolls were also a bid to officialize Iranian supervision over the Strait of Hormuz.
A draft had been prepared, but was not yet complete, Fars reported. It said lawmakers were planning to complete a draft bill by next week, so it would be ready to put to parliament.
The lawmaker said Iran would collect tolls in exchange for secure passage through the Strait of Hormuz, according to a Google translation.
