Iran collects first Hormuz transit fees

Iran has announced that revenue collected from tolls on ships transiting the Strait of Hormuz has been deposited into the Central Bank of Iran for the first time. The regime claims the payment system is now operational, with reports indicating fees can reach up to $2 million per passing vessel. This move formalizes Iran's control over the critical global oil chokepoint amid ongoing regional tensions. The collected funds are intended to support the country's economy and military efforts.