Iran has begun imposing what it calls mandatory “insurance” or passage fees on commercial ships crossing the Strait of Hormuz, one of the world’s most important energy routes. According to reports, the charge can reach about $2 million for a single voyage, turning the once-free waterway into an unofficial revenue source.
The move is being handled through a newly created Iranian body, the Persian Gulf Straits Authority, which says vessels must obtain advance clearance and sail only on designated routes along Iran’s coast or be treated as violating the law. Bloomberg reported that Iran officially says the service is currently free, but reserves the right to levy insurance fees later, while some ships have already been asked to pay large ad hoc sums.
Regional states including Qatar and Oman strongly reject Iran’s claims. Officials warn that the policy breaches international maritime law and could set a dangerous precedent for other shipping lanes. They say the charging of passage fees is an attack on freedom of navigation and are urging the Trump administration to draw a clear red line against Tehran.
Despite the tensions, the situation remains unstable and unclear. The U.S. Navy says dozens of vessels continue to transit the strait under cover of darkness and with protection, while switching off their identification systems. Reports of naval mines seen near Oman’s coast have added to fears along a chokepoint through which about 20% of global oil consumption passes.
