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Iran Once Again Exposed Demanding $2 Million Single Payment as "Transit Fee"

BlockBeats News, March 24th, knowledgeable sources revealed that Iran has begun to charge tolls to some commercial ships passing through the Strait of Hormuz, further indicating Iran's control over this key global maritime energy passage.


The sources stated that Iran is temporarily demanding fees of up to $2 million per single voyage, effectively setting up unofficial checkpoints on the waterway, despite Iranian officials having previously denied this claim (the Iranian Embassy in India posted on social media on the 23rd local time, stating that the claim of Iran charging $2 million to ships passing through the Strait of Hormuz is "baseless").


Although the specific mechanism, including the payment currency, is not yet clear, and this action does not appear to be systematic, some ships have already paid the fee. This demonstrates Iran's indeed control over the Strait of Hormuz. Typically, about one-fifth of the world's oil and gas, as well as a large amount of food, metal, and other materials, pass through the strait daily. As the Middle East conflict enters its fourth week, it also highlights the urgent need some consumers have to ensure the continuous flow of energy. (Jinse)

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