Regulation bars vessels from the USA and Israel and charges fees from other nations
The Security Committee of Iran’s Parliament approved this Monday (March 30, 2026) a regulation for charging tolls on vessels sailing through the Strait of Hormuz.
The Iranian state broadcaster (Islamic Republic of Iran Broadcasting) reported that the regulation seeks to reinforce “the sovereign role of Iran and its armed forces”. According to a report from the measure establishes the country’s control and supervision over maritime passage.
According to IRIB, the plan approved by the parliamentary committee contains several components, including “security measures to safeguard the waterway, measures to ensure the safety of maritime navigation and financial regulations, in addition to tolls in rial for vessels transiting the strait and a ban on passage for vessels belonging to the United States and Israel”according to CNN. Charges will be made in the Iranian currency, the rial.
The Strait of Hormuz is one of the routes for the global energy market and became the epicenter of an economic crisis after the IRGC (Islamic Revolutionary Guard Corps) confirmed the closure of the crossing.
The number of crossings through the strait reduced from 4,140 in February to 125 in March — a drop of 97%, or 4,015 fewer trips.
The retraction in flow directly affects global oil supplies and increases uncertainty in the markets, by reducing available supply and putting pressure on commodity prices. This raises transportation and production costs, fuels inflation and can slow economic growth in countries dependent on energy imports.
