Passage through the Strait of Hormuz will be subject to a toll, according to a new law set to be passed by the Iranian parliament soon.
According to TASS news agency “Armenpress,” Alaeddin Boroujerdi, a member of the Majlis’ National Security and Foreign Policy Committee, made this statement.
“We have complete control over the Strait of Hormuz. Soon, with the adoption of the bill by the Majlis, a new system will be in effect for this waterway. Security and services for ships will be provided through tolls (for passage through the strait), as stipulated in the bill,” SNN quoted him as saying.
On March 26, Mohammad Reza Rezaei Kochi, head of the Iranian parliament’s Public Works Committee, announced that the country’s parliament would pass a law levying tolls on ships transiting the Strait of Hormuz.
On March 25, Iranian Foreign Minister Abbas Araghchi announced that Iran had allowed friendly countries, including Russia, India, Iraq, China, and Pakistan, to transit through the Strait of Hormuz.
On February 28, the US and Israel launched military operations against Iran. Tehran responded with strikes against Israel, energy facilities, and US military bases in the region. During the month-long war, shipping through the Strait of Hormuz has virtually ceased, causing oil prices to rise sharply. Before the war, the price of Brent crude oil was $70 per barrel, but it has now reached $116.