“War Costs Money”: Iran Introduces Fees for Passage Through the Strait of Hormuz

Iran
has begun charging certain vessels up to $2 million for transit through the
Strait of Hormuz — one of the world’s key energy routes — a move that could
heighten tensions in global markets and affect oil prices and supply logistics.
The announcement was made by Alaeddin Boroujerdi, a member
of Iran’s parliamentary commission on national security and foreign policy.
According to him, Tehran is effectively introducing a new regulatory regime in
the strait, justifying it as necessary to finance military expenditures.
“Since war costs money, we must naturally charge ships”, he said, without specifying the implementation mechanism or which companies would be subject to the new measure.
The move comes amid a sharp escalation in the Middle East.
Earlier, U.S. President Donald Trump warned Tehran of potential strikes on its
energy infrastructure if shipping were restricted, while Iranian officials
signaled readiness to retaliate against targets in the region.
The Strait of Hormuz remains a strategically vital artery
of global trade: under normal conditions, about 20% of the world’s oil and
liquefied natural gas supplies pass through it. Disruptions to navigation are
already causing volatility in energy and financial markets.
Experts warn that the introduction of
transit fees could set a precedent and further fragment international maritime
logistics. Additional costs are already being reflected in shipping rates, as
companies face “war risk” premiums and rising supply chain expenses.
Analysts view Tehran’s actions as part of a broader pressure strategy amid regional conflict, where control over energy routes is becoming a key instrument of influence. In the event of further escalation, this could affect not only the region but also the global economy, increasing inflationary pressures and instability in commodity markets.
Latest news
Latest newsUS Ready to Lift Sanctions on Turkiye and Restore Its Participation in the F-35 Program
09.Jul.2026
Trump Announces Transfer of License to Ukraine for Patriot Interceptor Missile Production
09.Jul.2026
The NATO Summit in Ankara Marked a New Stage in the Alliance's Transformation
08.Jul.2026
The war in Ukraine - the “liberation of Novorossiya” is a mission impossible
07.Jul.2026
Ursula von der Leyen's Visits to Baku and Yerevan Signal Brussels' New Strategy
07.Jul.2026
Putin's Approval Ratings Decline as Russians Grow Increasingly Concerned About the Economy and the War
06.Jul.2026
Erdogan and Radev Discuss Black Sea Security and Defense Cooperation
06.Jul.2026
OPEC+ Accelerates Output Recovery as Kazakhstan Increases Oil Production from August
05.Jul.2026
Georgia and Uzbekistan Elevate Relations to Strategic Partnership
05.Jul.2026
Iran Turns Khamenei Funeral into a Show of Strength as Week-Long National Mourning Begins
04.Jul.2026

14 Jul 2026


