The Iranian parliament approved a toll for passage through the Strait of Hormuz, payable in Iranian currency.

PANews reported on March 31 that, according to Jinshi News, the Iranian parliament passed a bill on Monday to impose tolls on ships passing through the Strait of Hormuz. The toll for a single oil tanker could reach as high as $2 million. Iranian media, citing officials from the Iranian parliament's National Security and Foreign Policy Committee, reported that the new navigation control plan also includes prohibiting ships associated with the United States, Israel, or countries that have previously imposed unilateral sanctions on Iran from passing through the strait, and that tolls must be paid in Iranian rials. Iran will cooperate with Oman to develop the relevant legal framework. Shortly before the bill was approved, the White House stated that the United States does not support Iran imposing tolls.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Starting May 1st, Nasdaq will remove the 10% minimum free float requirement and introduce a new "fast track" rule.
PANews Newsflash