A 7% transit fee through the Strait of Hormuz could net Iran about $136 billion annually, challenging US opposition and international navigation norms.

Iran and Oman near a deal to manage Strait of Hormuz traffic and impose fees. Iran charges fees by October 31 at 57.5% YES.

Iran and Oman draft a waterway deal amid U.S. opposition. U.S. charges for Hormuz fees by August 31, 2026 at 1.8% YES.