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Homechevron_rightMiddle Eastchevron_rightIran considers transit...

Iran considers transit fees for ships passing through Strait of Hormuz

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Iran is considering imposing fees on vessels transiting the Strait of Hormuz, with the proposed charges linked to security, environmental protection, and maritime services provided in the strategic waterway.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said discussions were underway with relevant parties on the proposal, according to Al Jazeera.

"The Strait of Hormuz is very important for us, and we have adopted certain procedures according to international law in order to protect Iran's national security and the Islamic Republic of Iran," Baghaei said during a press conference.

He said Iran was committed to ensuring safe navigation through the vital shipping route but noted that further consultations were needed before any final decision.

"We need a certain period of time to discuss with the other sides this important matter," he said.

Baghaei indicated that any fees would be tied to services offered by Iran and neighbouring Oman to vessels using the waterway.

"It's full services that will be offered in order to keep and maintain the environment. So many other services will be offered by Iran and Oman, and this will cost money. Accordingly, the fees will be there, and this is clear," he said.

The Strait of Hormuz is one of the world's most important maritime chokepoints, connecting the Persian Gulf to international shipping routes and carrying a significant share of global oil and gas exports.

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TAGS:Strait of HormuzIran WarStrait of Hormuz Transit Fees
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