Iran Parliament Approves Charging Fees for Ships Transiting Strait of Hormuz
Summary
Iran's parliament has approved a proposal to charge fees on ships transiting the Strait of Hormuz. The plan covers maritime, environmental, fuel, insurance, and security services, and applies to vessels permitted to pass through the waterway.
Key Points
- Iran's parliament approved a proposal to collect fees from ships transiting the Strait of Hormuz.
- The plan authorizes charges for maritime services, environmental services, fuel supply, insurance, security, and related support.
- Fees will be collected from ships of countries allowed to cross the waterway and may be paid in Iranian rial or another currency set by Iran.
- The commission said the arrangement respects coastal states' sovereignty and the special conditions of the Persian Gulf and Hormuz region.