Iranian state media reports that a new entity under the
Supreme National Security Council and Economy Ministry is systematically
gathering these 'service fees' from vessels, payable in cash, Tether
cryptocurrency, goods, or barter, with funds directed to the national treasury.
The Strait handles 20% of global oil trade but sees just 10
ships daily now, down from 60 before late February 2026 U.S.-Israel strikes
escalated tensions.
Iran calls the charges for navigation aids, security, and environmental protection, though President Trump warned in April to stop, and ambiguities remain on whether this truly changes prior practices.