Iran Operating “Toll Booth” System in Strait of Hormuz, Shipping Firm Claims
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Iran is operating a 'de facto toll booth regime' in the Strait of Hormuz, controlling vessel movement and obtaining payments for safe passage. The Strait of Hormuz is a critical waterway and one of the world's most important oil transit routes, making any disruption a major concern for global energy markets.
Iran is controlling vessel movement in the Strait of Hormuz. Ships must submit detailed manifests and crew information for review by Iran's Islamic Revolutionary Guard Corps. At least two ships have made payments for safe passage, reportedly in Chinese yuan. This could potentially violate Western sanctions imposed on the IRGC. The Strait of Hormuz is a critical oil transit route, and any disruption would have global economic consequences.
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