Iran is preparing legislation to charge ships for safe passage through the Strait of Hormuz, according to state-aligned media cited by CNBC. The proposal comes as traffic through the vital oil route has slowed sharply amid the ongoing conflict between the U.S., Israel, and Iran.
The Revolutionary Guard-linked Fars News Agency reported that lawmakers are drafting a bill to formalize Iranian oversight of the strait. The report said the draft is expected to be finalized soon and submitted to parliament.
.@USAmbNATO on the Strait of Hormuz: "We've been in overdrive here diplomatically, pushing our allies... Unfortunately, it took some convincing that this is more important to them than it is to the United States."
— Rapid Response 47 (@RapidResponse47) March 25, 2026
"We have allies that are finally stepping up." pic.twitter.com/sujIEEBm3V
Unverified reports suggest Iran has already been charging ships large sums to bypass congestion. CNBC noted it could not independently confirm these claims.
Oil prices have surged due to supply disruptions, with Brent crude rising above $165 per barrel, according to market data.
Meanwhile, Iran has reportedly rejected a peace proposal from Donald Trump. Analysts warned Gulf nations are unlikely to accept any Iranian toll regime.
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TIPP Staff
