DUBAI: Iran is considering a proposal to levy transit fees on vessels passing through the Strait of Hormuz, a lawmaker said on Thursday, a potential bid to monetise Tehran’s newfound grip over the critical waterway through which a fifth of global oil and liquefied gas passes. Since the start of the US-Israeli war on Iran, Tehran has disrupted maritime transit through the strait for vessels it says are linked to its war adversaries and their allies.

Number of ships transiting Strait of Hormuz has nearly doubled in recent days, maritime intelligence company says.

DUBAI: Iran is considering a proposal to levy transit fees on vessels passing through the Strait of Hormuz, a lawmaker said on Thursday, a potential bid to monetise Tehran’s…