Tehran, Iran – Web Desk: Iran has transferred its first tranche of revenue collected from transit fees imposed on vessels passing through the Strait of Hormuz to the central bank, a senior parliament official said.
Deputy Speaker of the Iranian Parliament, Hamid Reza Haji Babaei, confirmed that the initial income generated under the new policy has been deposited into the central bank account.
The move follows last month’s approval by Iran’s parliamentary security committee of a plan to levy fees on ships using the strategic waterway, one of the world’s most critical oil shipping routes.
Since the outbreak of the conflict in the region, Iran has tightened restrictions on maritime traffic through the Strait of Hormuz, raising concerns among global markets and shipping operators.
According to a report by CNN citing a senior Iranian official, Tehran is prioritizing vessels that comply with the new fee structure. Ships that fail to pay the required charges may face delays in transit through the strait.
Analysts say the policy could further impact global trade flows and energy markets, as the Strait of Hormuz handles a significant share of the world’s oil supply.
