Iran Passes Bill to Charge Fees for Strait of Hormuz Passage, Bans US and Israeli Vessels, Oil Tankers Reroute

Published: Apr 2, 2026 19:09

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Iran’s parliamentary National Security Committee passed a bill to charge fees for vessels transiting the Strait of Hormuz, planning to establish financial arrangements and a fee collection system in the local currency, the rial, and explicitly prohibiting the passage of US and Israeli vessels, as well as vessels from countries involved in imposing unilateral sanctions on Iran. According to CNBC, meanwhile, oil tankers have already begun rerouting to waters near Larak Island in exchange for guarantees of safe passage, and a de facto "toll station" has already taken shape.

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