Iran chokes Strait of Hormuz with reported $2M tanker toll, regime threatens global oil supply
Iran has established a vetted passage through the Strait of Hormuz, collecting $2 million per tanker and causing near collapse of traffic, Windward AI reported.
- Iran is charging some tankers $2 million to pass through the Strait of Hormuz as part of a new approach to controlling the waterway, according to Iranian lawmaker Alaeddin Boroujerdi.
- Since early March, Iran has effectively closed the Strait of Hormuz to most ships, impacting about 20 million barrels of oil per day and 20% of global liquefied natural gas trade.
- The United States warned that if the Strait of Hormuz is not fully reopened within 48 hours, it may target Iran's power infrastructure, as stated by President Donald Trump.
- Traffic through the Strait of Hormuz is near collapse, with vessels rerouting through Iran's territorial waters and Gulf energy exports at recent lows, according to maritime intelligence firm Windward AI.
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Iran charging ships $2 million for passage through Strait of Hormuz: Report
The Strait of Hormuz is a critical choke point for global fuel transit and has remained effectively closed since the first week of March in the wake of the ongoing war. About 20 per cent of the world's oil and liquefied natural gas (LNG) is transported through the critical shipping lane.
Iran chokes Strait of Hormuz with reported $2M tanker toll, regime threatens global oil supply
Iran is reportedly charging tankers $2 million to pass through the Strait of Hormuz, as President Donald Trump warns of strikes on Iranian power plants if the strait is not reopened.
Iran chokes Strait of Hormuz with reported $2M tanker toll, regime threatens global oil supply – Democratic Accent
The Iranian regime is charging some tankers $2 million to pass through the Strait of Hormuz in a bid to further its control over the global shipping choke point, according to reports. Iranian lawmaker Alaeddin Boroujerdi told state broadcaster Islamic Republic of Iran Broadcasting (IRIB) on Sunday that the massive toll marks the start of a new approach to controlling the waterway, Iran International reported. “Collecting $2 million as transit fe…
In recent days, Iran has granted special permission to some commercial ships to pass through the Strait of Hormuz, but this has not been cheap, writes Iran International.
Alaaddin Boroujerdi, a member of the Iranian Parliament's National Security and Foreign Policy Commission, announced that some ships passing through the Strait of Hormuz are being charged a "transit fee" of $2 million. The statement came to light during a television interview reported in Iranian media. This announcement comes at a time when increased activity in the Strait of Hormuz and regional tensions have once again brought global energy sec…
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