
Iran's Parliament Approves Strait of Hormuz Toll System, Bans US-Israeli Ships
Key Takeaways
- Iran's Parliament Security Committee approved tolls for Strait of Hormuz transit.
- Bans US and Israeli vessels from Hormuz transit under the plan.
- Tolls would be paid in rial, with security, safety, and environmental provisions.
Iran Imposes Tolls
Iran's parliament approved a bill imposing tolls on all ships passing through the Strait of Hormuz.
“Iranian Parliament's Security Commission has approved a plan to impose tolls on the Strait of Hormuz and stop America and Israel from moving through”
The bill demands payments of up to $2 million per vessel.

The plan also bans transit by vessels from countries that have imposed sanctions on Iran, including the US and Israel.
Regional Rejection
Saudi Arabia, the UAE, Iraq, Qatar, Oman, and several other nations have joined forces in rejecting Iran's toll plan.
The US has strongly opposed Iran's actions.

The situation is critical for the Middle East, which is striving to recover from the dual impact of the oil crisis and the pandemic.
Economic Impact
Shipping through the Strait of Hormuz has plunged by about 95% since the start of the conflict.
“Iran approves Strait of Hormuz toll plan, bans US, Israeli vessels Formally announced by a member of the National Security Commission, the plan also highlights several key components, including enhanced security arrangements, ship safety protocols, and environmental protection measures”
The closure triggered an increase in global oil and gas prices.
Several countries have suffered significant financial losses from reduced exports.
Legal and Practical Challenges
Tasnim News Agency notes the toll plan faces legal and practical challenges.
Iran seeks to establish a maritime insurance mechanism to cover shipping risk.

Analysts warn the move could trigger sharp responses from Western powers.
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