
Reports on April 20 said Iran drafted a Strait of Hormuz management law that would require passage fees in rial, bar vessels linked to Israel and direct toll revenue to the military and public welfare.
Reports on April 20 said Iran drafted a law to manage the Strait of Hormuz that would require ships to pay passage fees in Iranian rial. The proposal would also ban vessels linked to Israel from transiting the waterway. Under the reported draft, 30% of toll revenue would be allocated to Iran’s armed forces and 70% to public welfare. The new details expand on earlier statements from Iranian state media that Iran’s control over the strait includes fees tied to security, safety and environmental protection services.