Iran is in discussions with Oman to establish a permanent toll system to enhance its control over maritime traffic in the Strait of Hormuz. Iranian ambassador Mohammad Amin-Nejad emphasized that both nations need to allocate resources for navigation management and security services, implying that those benefiting from the strait’s traffic would need to contribute financially. He noted that improvements in the situation depend on addressing underlying issues.
The United States has voiced strong opposition to Iran’s tolling plans. Secretary of State Marco Rubio stated that such actions would not be acceptable and could complicate diplomatic negotiations. The Strait of Hormuz is critical as it facilitates about one-fifth of the world’s oil and natural gas transport. Iran has tightened control over the strait following limited vessel traffic due to geopolitical tensions, contributing to a spike in energy prices and global financial instability.
Despite these challenges, Iran claims to have managed some level of maritime traffic through coordination with the Islamic Revolutionary Guard Corps (IRGC). However, skepticism persists regarding shipping safety due to risks of missile attacks and mine explosions. The ongoing U.S.-Iran conflict also factors into shipping decisions, with many companies unwilling to navigate the strait until hostilities cease.
