Summary Iran plans to introduce toll fees for all ships passing through the Strait of Hormuz, a move that could impact global oil trade as efforts continue to restore damaged refining capacity.
TEHRAN (Dunya News) - Iran has announced plans to impose a toll tax on all vessels passing through the Strait of Hormuz under a new regulatory system, in a move seen as significant amid rising regional tensions.
Head of Iran’s parliamentary national security committee, Ebrahim Azizi, said in an interview with Russian media that every ship transiting the key waterway would be required to pay a fee under the proposed framework.
He added that Tehran aims to establish full control and effective management over the strategic route in line with national interests, while also expressing distrust towards the United States.
Separately, Iran’s Deputy Oil Minister Mohammad Sadeq said efforts were underway to restore oil refining capacity damaged in recent attacks blamed on the United States and Israel.
He noted that 70 to 80 per cent of production capacity is expected to be restored within the next two months. He further stated that parts of the Lavan refinery could resume operations within 10 days, helping gradually boost output.
Experts say the Strait of Hormuz remains one of the world’s most critical oil transit routes, and any new restrictions or policies there could have far-reaching consequences for global energy markets and the wider economy.
Tags: Iran, Strait of Hormuz, oil, global economy, Middle East
