Iran Imposes Up to $2 Million Toll on Ships Passing Through Strait of Hormuz, Potentially Generating Billions
- Posted on March 26, 2026
- By International Business Times
- 3 Views
Iran Imposes Up to $2 Million Toll on Ships Passing Through Strait of Hormuz, Potentially Generating Billions
Iran has begun charging some commercial vessels up to $2 million per voyage to pass through the strategically vital Strait of Hormuz, effectively establishing an informal toll on one of the world's most critical energy chokepoints as the US-Iran war disrupts global oil flows and shipping routes.
