Iran confirms charging up to $2 million for the transit of ships through the Strait of Hormuz

Iran has confirmed the introduction of fees for the passage of ships through the Strait of Hormuz, while the cost of transit can reach $2 million per ship, Iran International reported on March 22.

"Marine Insight's report states that in at least one case, the tanker's owner paid about $2 million to obtain a permit allowing it to safely pass through the strait," the media outlet said.

The Iranian authorities have already prepared a bill providing for the official collection of fees for "safe transit" through the strategic waterway, the article clarifies. The Parliament notes that this practice is common in a number of key sea routes and can contribute to the growth of budget revenues and improve the safety of navigation.

Eastern translation: is the United States able to assemble a coalition to control the Strait of Hormuz

And how the escalation of the conflict in the region is delaying negotiations on a Ukrainian settlement

On March 21, US President Donald Trump said that if Iran does not open the Strait of Hormuz, the United States will strike at power plants in 48 hours. The military will strike and destroy various power plants, starting with the largest one, he threatened.

At the same time, retired US Army Lieutenant Colonel Daniel Davis expressed the opinion on March 22 that the threats that the American leader is sending to Tehran will only strengthen the blockade of the Strait of Hormuz, and will not help to unblock it.

The Strait of Hormuz, which is used for the passage of oil tankers from the Persian Gulf countries, was effectively closed by the IRGC. Some major oil companies and leading trading houses have suspended the supply of crude oil and fuel through the Strait of Hormuz due to Israeli and US strikes on Iran.

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