Stories

Fri, 10 Apr 2026

Fri, 10 Apr 2026 Tankers urged not to pay toll to Iran for use of strait

Tanker firms are being advised not to pay Iran any levies in return for safe passage through the Strait of Hormuz.

* Iran suggests ships must seek permission and may face "targeted and destroyed" if they don't pay tolls
* US vice president JD Vance meets Iranian reps in Islamabad on Saturday for talks on ceasefire deal
* Intertanko says payment of tolls is against international laws and free passage through waterways
* Strait under de facto rule of Iranian military, with IRGC overseeing much of Iran's economic activity
* Payment to terrorist organisation should be avoided, says Phillip Belcher from Intertanko
* Reports suggest Tehran wants to impose $2m transit fees per ship, shared between Iran and Oman
* US President Trump warns against payment of fees: "They better not be and, if they are, they better stop now"
* 15 vessels have passed through strait since Tuesday, compared to average of 140 per day prior to conflict
* Almost 800 ships stranded in Gulf, most loaded with cargo; impact on global supplies expected to be significant


Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025