Fri, 10 Apr 2026
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