Iran has prepared a new law that would allow it to charge fees on all ships passing through the Strait of Hormuz. The government said this bill will soon be introduced in the Iranian Parliament. This move could affect global shipping, as the Strait of Hormuz is one of the most important routes for international trade, especially for oil transport. Iran also explained that collecting fees for goods passing through a country’s route is a common and normal practice. Officials believe this step is reasonable and justified, as many countries charge similar transit fees. The proposed law is expected to be discussed and possibly approved soon, which may have an impact on global trade and shipping costs.
