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Iran Formalises Hormuz Tolls: Which Ships To Get Access To World’s Key Oil Route Now? | Watch
Posted
May 12, 2026
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3:25Now PlayingIran has introduced new transit rules for vessels crossing the Strait of Hormuz, requiring ships to obtain prior authorization through the newly created Persian Gulf Strait Authority. Under the framework, vessels must electronically submit detailed ownership, crew, cargo, and route information, while Tehran has also signaled possible transit tolls and stricter enforcement measures. The United States strongly opposed the move, warning shipping operators against paying Iranian fees as tensions and disruptions continue across vital Gulf trade and energy corridors.
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