Iran Chokes Strait of Hormuz With Reported $2M Tanker Toll, Regime Threatens Global Oil Supply
Iran is reportedly charging some oil tankers as much as $2 million to pass through the Strait of Hormuz, a move seen as an effort to tighten its grip on one of the world’s most critical maritime routes.
The development was highlighted by Iranian lawmaker Alaeddin Boroujerdi, who told state broadcaster IRIB that the hefty fee represents a shift in how Tehran is asserting control over the strategic waterway, according to Iran International.
Speaking during a televised program, Boroujerdi framed the policy as a demonstration of national strength. “Collecting $2 million as transit fees from some vessels crossing the strait reflects Iran’s strength,” Boroujerdi said during a television program cited by Iranian media.
He added that the policy is already in effect and described it as part of a broader change in how Iran governs the passage after years of relative openness. The member of parliament’s national security committee also said the measure has already been implemented and reflects what he called a new “sovereign regime” in the strait after decades, the outlet said.
Boroujerdi justified the move as a wartime necessity tied to rising costs. “Now, because war has costs, naturally we must do this and take transit fees from ships passing through the Strait of Hormuz,” he said.
His remarks followed a warning issued by President Donald Trump, who said the United States could take military action against Iranian infrastructure if the strait is not fully reopened within a set timeframe.
“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 hours from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!” Trump said in a post shared on Truth Social.
Iranian officials have meanwhile signaled that access to the strait remains conditional. Tehran’s representative to the International Maritime Organization indicated that passage is permitted only under certain circumstances, while President Masoud Pezeshkian outlined the country’s stance publicly.
“The Strait of Hormuz is open to all except those who violate our soil,” he said.
Industry reports suggest that Iran has effectively created a controlled transit system, offering select vessels passage in exchange for approval and, in some cases, significant payments. According to Lloyd’s List, this arrangement includes a designated “safe” corridor, with “at least one case, a reported $2m payment,” it said.
Multiple countries—including China, India, Pakistan, Malaysia, and Iraq—are reportedly engaged in discussions with Tehran over securing transit access, as Iran’s Revolutionary Guard establishes a system to vet and register approved ships.
Data from maritime intelligence firm Windward AI indicates a sharp decline in activity through the strait, with traffic described as severely reduced in recent days.
“16 AIS-visible crossings recorded over the past seven days.”
The firm also noted that movement through the area is increasingly restricted, with ships rerouting through Iranian territorial waters. Energy exports from the Gulf have dropped, with shipments of crude oil and liquefied petroleum gas reaching low levels.
Despite these disruptions, Iranian exports have continued through alternative channels. “Iranian exports remain active, supported by alternative routing and sustained on-water volumes,” Windward said.
Under normal conditions, the Strait of Hormuz handles roughly 20 million barrels of oil per day and about 20% of global liquefied natural gas shipments. The current situation has driven up transportation and insurance costs, contributed to rising oil prices, and heightened concerns about the global economy.
Windward also noted that Russian oil exports remain high, underscoring the continued importance of maritime routes for global energy supply.
{Matzav.com}
