Iran is planning to introduce a “toll booth” system for ships passing through the Strait of Hormuz, one of the world’s most important waterways for oil and gas.
According to Iranian state-aligned media, the parliament is drafting a new bill that would require vessels to pay fees for safe passage. The legislation aims to formally recognise Iran’s oversight and control over the strait while creating a new source of revenue. Lawmakers say ships will pay in exchange for security provided by Iranian forces. A draft is expected to be finalised soon and presented to parliament.
In practice, this system is already partly active. Since mid-March 2026, the Islamic Revolutionary Guard Corps (IRGC) has been operating a controlled corridor. Ships must submit crew and cargo details, obtain clearance codes, and in some cases pay fees — reportedly up to $2 million per voyage — through intermediaries. At least 20 to 26 vessels have used this route so far, with some payments reportedly made in Chinese yuan. Many ships are now avoiding the strait or taking the Iranian-approved path.
The Strait of Hormuz carries about 20-25% of the world’s oil supply. Since the escalation of the US-Israel conflict with Iran, shipping traffic has slowed sharply due to attacks, infrastructure damage, and fear of disruption. This has pushed global oil prices into triple digits again, affecting fuel costs, businesses, and economies worldwide.
Iran says the toll system will ensure secure navigation. However, many countries and shipping experts view it as controversial and legally risky under international law. Gulf nations have already expressed strong concerns.
If the bill becomes law, it could further raise shipping costs and add pressure on global energy markets. The situation remains tense as the world watches how this new “toll booth” in the Strait of Hormuz develops.
