Iran to charge ships in Hormuz
Iran plans to impose fees on the passage of commercial ships through the Strait of Hormuz, a critical corridor for transporting oil and gas. The move aims to boost its revenues from maritime services, as well as to enhance security, environmental protection, and fight against crime. This decision comes amid escalating tensions between Iran and the United States, as the Strait was free of charges before the recent increase in military conflict, which now necessitates new financial measures. Additionally, Iran is working with Oman to establish mechanisms for monitoring the waterway. It is also expected that the Strait may reopen after Washington meets Tehran’s conditions, including compensation for previous attacks. This escalation has led to a modest rise in oil prices, while uncertainty remains regarding the reopening of the Strait and the continued supply of oil to markets.
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