Iran Sets Up ‘Tollbooth’ System In Strait Of Hormuz – The Cradle

 Iran Sets Up ‘Tollbooth’ System In Strait Of Hormuz

Economists project revenues from the system could exceed $60 billion annually for Tehran

Iran has formally started enforcing a controlled transit system in the Strait of Hormuz, requiring ships to undergo vetting and pay fees for safe passage, according to a report by Bloomberg on 1 April.

The report describes a system managed by Iran’s Islamic Revolutionary Guard Corps (IRGC), where vessels must submit their detailed information, including ownership, cargo, and crew, to an intermediary for review.

Ships are then screened for links to the US, Israel, or other states Tehran considers hostile, with only those cleared permitted to proceed under escort through a coastal corridor dubbed the “Iranian tollbooth.”

Once terms of passage are agreed, ships receive a permit code and designated route, which they must broadcast to Iranian patrol boats upon approach.

Iran’s parliament has already approved a draft law introducing transit fees and restrictions on vessels linked to the US, Israel, and sanctioning states, pending final ratification.

🔗SOURCE ➡️ The Cradle

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