Iran has initiated charging specific vessels a $2 million transit fee to navigate the crucial Strait of Hormuz, a move seen as a demonstration of control amidst tensions with the United States and Israel.
President Masoud Pezeshkian affirmed that the strait remains accessible to all except Iran’s adversaries, outlining the country’s latest approach to the vital maritime passage.
This policy shift, as confirmed by Iranian lawmaker Alaeddin Boroujerdi, signifies a transition to a new “sovereign regime” governing the waterway, with the collection of transit fees reflecting Iran’s perceived strength.
Iran’s Foreign Ministry emphasized that despite ongoing conflicts, the Strait of Hormuz remains open for navigation, with necessary precautions taken due to the current wartime conditions, aiming to safeguard regional shipping safety and security.
Amid escalating tensions, former US President Donald Trump issued a warning, stating that the US could target Iran’s power infrastructure if the strait is not reopened promptly, emphasizing a strict ultimatum.
