Iran says it collected 1st revenue from tolls imposed on ships transiting Hormuz

Iran has collected its first revenue from tolls imposed on ships transiting the Strait of Hormuz, one of the world’s most important routes for global energy supplies, Parliament Deputy Speaker Hamidreza Haji Babaei said Thursday. “First revenues from transit fees in the Strait of Hormuz have been deposited into the Central Bank account,” he said in comments carried by the semi-official Tasnim News Agency. Lawmaker Alireza Salimi also told Tasnim that Iran has begun collecting fees from vessels passing through the strait, citing what he described as “reliable sources.” The amount charged varies depending on the type and volume of cargo and the level of risk posed by each vessel, the agency said, adding that Iran determines the rates and […]