Iran has announced plans to introduce service charges for ships passing through the Strait of Hormuz, framing the proposal as a cost-recovery measure rather than a transit toll.
Speaking at the 14th World Peace Forum in Beijing, Iran's ambassador to China, Abdolreza Rahmani Fazli, said the planned fees would align with international maritime practices and cover operational services provided to vessels navigating one of the world's most strategically important waterways.
According to the ambassador, the charges would support essential functions such as navigational assistance, maritime safety, and environmental protection. He emphasized that the initiative is not intended to restrict commercial traffic or impose tariffs on ships transiting the strait.
Fazli added that the Strait of Hormuz remained open and accessible prior to the recent U.S.-Israel-Iran conflict and reiterated that Tehran has no intention of closing the passage or introducing traditional transit fees.
The announcement comes as global shipping companies and energy markets continue to monitor developments in the region. The Strait of Hormuz is a critical corridor for global oil and liquefied natural gas exports, making any policy changes affecting maritime operations a focal point for traders, insurers, and governments.
Market participants are expected to watch for additional details on how the proposed service fee framework would be implemented, including which vessels would be subject to the charges and the timeline for its introduction. #hormuzopen
