“As a country where the Hormuz is part of its territorial waters, we will definitely charge service fees,” an official said, denying such charges were a toll.

Iran plans to charge service fees for Strait of Hormuz transit with Bitcoin-settled insurance via Hormuz Safe, offering discounts to friendly nations.

Iran announces new fees for vessels in the Strait of Hormuz, favoring friendly nations. Fees by August 31 at 48.5% YES.

“As a country where the Hormuz is part of its territorial waters, we will definitely charge service fees,” an official said, denying such charges were a toll.

Iran’s Ambassador to China, Abdolreza Rahmani Fazli, says Tehran will introduce service fees for ships transiting the Strait of Hormuz under new arrangements being worked out with…

Iran plans to impose fees on ships in the Strait of Hormuz. Fees by August 31 at 50.5% YES.

Iran will charge ships fees in the Strait of Hormuz starting mid-August 2026, impacting 21% of global oil trade and potentially accepting Bitcoin payments.

The possibility of Hormuz transit fees has heightened concerns that it can reshape how strategic waterways are managed.