Iran's Parliament Approves Strait of Hormuz Toll System, Bans US-Israeli Ships
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Iran's Parliament Approves Strait of Hormuz Toll System, Bans US-Israeli Ships

01 April, 2026.Iran.12 sources

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

The bill demands payments of up to $2 million per vessel.

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Daily StarDaily Star

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.

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DWDW

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

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.

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New York PostNew York Post

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

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