Iran's parliament has approved a decision to impose transit fees on ships passing through the Strait of Hormuz, a move that could affect global energy markets, according to Turkish newspaper Sözcü Gazetesi.
The decision, reported by Sözcü on Sunday, comes amid heightened tensions over the strategic waterway, through which a significant portion of the world's oil shipments travel. The outlet did not specify when the tolls would take effect or how they would be calculated.
The move follows recent friction between Tehran and Washington over the strait. According to Euronews, former U.S. President Donald Trump has asserted claims over the waterway, prompting a firm response from Iranian authorities. Separately, A Haber reported that Iran has warned ships against violating its rules, while other Turkish media outlets have noted the introduction of a penalty regulation for transit violations.
The Strait of Hormuz, located between Iran and Oman, is a critical chokepoint for global crude oil flows. Any disruption or added cost to shipping there has the potential to influence oil prices and international trade, which is why the parliament's decision has drawn attention beyond the region.
Sözcü's report frames the measure as one that could unsettle markets, though no specific economic impact has been quantified in the available reporting. The full details of the toll system, including which vessels would be exempt, have not been disclosed in the material reviewed.
Observers will be watching for how Iran implements the fee and whether it escalates the standoff with the United States over navigation rights in the strait.
