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Iran collects first Hormuz transit fees

Iran has reportedly begun collecting tolls of up to $2 million per ship for passage through the Strait of Hormuz.

Sources
1 verified
Location
Strait of Hormuz
Updated
Thursday, 23 April 2026 at 11:22 UTC
No media · text-only dispatch
Synthesis · 1 sources
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.
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