“War Has Costs”: Iran Imposes $2 Million Toll on Select Ships Transiting Strait of Hormuz

Tehran: Amid escalating tensions in the ongoing conflict involving the United States and Israel, Iran has begun charging certain vessels up to $2 million (roughly Rs 18.8 crore) for passage through the strategically vital Strait of Hormuz, according to statements from Iranian officials.

The decision marks a shift toward establishing what Tehran describes as a new “sovereign regime” over the narrow waterway, which handles approximately one-fifth of the world’s oil supply. Iranian lawmaker Alaeddin Boroujerdi, a member of parliament’s national security committee, disclosed the implementation of the toll to state broadcaster Islamic Republic of Iran Broadcasting (IRIB), as reported by Iran International.

Boroujerdi explained that the $2 million transit fee applies to some ships crossing the strait, reflecting Iran’s “strength” and “authority.” He linked the measure directly to the costs of war, stating, “Now, because war has costs, naturally we must do this and take transit fees from ships passing through the Strait of Hormuz.”

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The remarks came in response to recent threats from US President Donald Trump, who warned last week that the United States could target Iran’s power infrastructure—including starting with its largest power plants—if the strait is not reopened within 48 hours. Boroujerdi countered by asserting that Israel’s energy facilities could be destroyed “within a day” if escalation continues.

Iran’s President Masoud Pezeshkian addressed the situation on X, emphasizing that the Strait of Hormuz remains “open to everyone” except Iran’s adversaries. He dismissed threats against Iran as signs of desperation, writing: “The illusion of erasing Iran from the map shows desperation against the will of a history-making nation. Threats and terror only strengthen our unity. The Strait of Hormuz is open to all except those who violate our soil. We firmly confront delirious threats on the battlefield.”

Following Trump’s warning, Iranian authorities have indicated that the strait would be “completely closed” if the US proceeds with attacks on power plants. While Tehran claims to allow safe passage for vessels from non-hostile nations, recent attacks on commercial ships in the Persian Gulf have severely disrupted tanker traffic, effectively halting most movements through the chokepoint.

The development underscores Iran’s leverage over global energy routes amid heightened regional hostilities, with implications for oil prices and international shipping.