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Iran denies $2 million Strait of Hormuz passage payment claims amid Iran warfare

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Iran has denied claims that it’s charging service provider vessels as much as $2 million to permit passage via the conflict-hit Strait of Hormuz, calling such studies “unfounded” and primarily based on private remarks.

The controversy started after Iranian lawmaker Alaeddin Boroujerdi, a member of Parliament’s nationwide safety committee, was quoted as saying that Tehran might impose transit charges on ships amid the continuing battle with Israel and america.

“Struggle has prices, and naturally we should take transit charges from ships passing via the Strait of Hormuz,” Boroujerdi reportedly stated throughout a tv programme, describing it as an assertion of Iran’s “authority” over the strategic waterway.

Nevertheless, Iranian authorities have now distanced themselves from the assertion, clarifying that no such coverage has been formally applied.

STRAIT OF HORMUZ: WAR’S IMPACT

The Strait of Hormuz, a essential international vitality chokepoint via which practically 20% of the world’s oil and LNG provides move, has witnessed extreme disruption since early March as a consequence of escalating hostilities.

Delivery exercise within the area has slowed considerably, with Iran implementing what seems to be a selective blockade. Iranian officers have maintained that restrictions apply solely to vessels linked to “enemy” nations or these supporting aggression towards Tehran.

There have been exceptions. Studies recommend that some Indian-flagged LPG carriers and at the very least one Pakistani oil tanker have been allowed protected passage. Iran had additionally indicated willingness to allow Japan-linked vessels, although no formal affirmation adopted.

ESCALATING WAR RHETORIC

Tensions across the strait have intensified following a 48-hour ultimatum issued by US President Donald Trump, demanding that Iran totally reopen the waterway. He warned that failure to conform might end in strikes on Iranian energy infrastructure.

In response, Iranian parliamentary speaker Mohammad Baqer Qalibaf threatened retaliatory assaults on essential vitality infrastructure throughout the Center East. The Islamic Revolutionary Guard Corps additionally warned that any strike on Iranian amenities would result in a “full closure” of the Strait of Hormuz.

Amid the rising tensions, maritime safety has deteriorated. In a latest incident, explosive-laden boats reportedly attacked two gasoline tankers in Iraqi waters, setting them on hearth and killing one crew member, an Indian nationwide.

TENSIONS MOUNT OVER STRAIT

The disruption within the Strait of Hormuz has already pushed gasoline costs larger throughout international markets and raised issues over provide chain stability. Any formal imposition of transit charges—if ever applied—would additional complicate transport operations, particularly given current sanctions on Iran.

For now, Tehran’s official place seeks to calm fears, even because the state of affairs on the bottom stays unstable.

– Ends

(With inputs from businesses)

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Mar 23, 2026 06:05 IST

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