Iran Plans Transit Fees in Strait of Hormuz Ceasefire

A two-week ceasefire has come into effect, allowing ships to pass through the Strait of Hormuz after weeks of disruption.

However, Iran is planning to impose transit fees on vessels using the route. According to Iran’s Tasnim News Agency, another country is expected to cooperate in this move.

Iran has suffered significant losses during the 40-day conflict. Officials say the revenue collected from transit through the Strait of Hormuz will be used for national reconstruction.

Since the conflict began, the Strait of Hormuz has remained largely closed. Maritime monitoring data shows that only about five percent of normal ship traffic has been able to pass.

Despite restrictions, some oil tankers have continued limited movement. Pakistan and India have reportedly reached separate agreements with Iran to ensure safe passage for certain vessels.

From today, ships will be allowed to transit under specific conditions, including payment of fees. Iran is expected to collect these charges, with Oman also reportedly involved in the arrangement.

Reports indicate that Iran may charge up to $2 million per vessel. However, it remains unclear whether any shipowners have agreed to pay the fee.