Currently, passage through the Strait of Hormuz is restricted for nations considered 'enemies', allowing only the flow of allied countries. Daily transit has plummeted from 150 ships per month. Tehran, March 31 (NA) – Iran's National Security Commission approved the law that establishes the payment of tolls in the Strait of Hormuz and denies passage to ships from the United States and Israel. According to the Argentine News Agency, the mouth of the Persian Gulf accounts for nearly 20% of world oil trade. The regulation, which requires the approval of Parliament and the Guardian Council, provides for the creation of a regional development fund financed by these new levies. This figure was the daily average that the strait had before the beginning of the conflict. The tariff scheme could set payments of up to two million dollars per vessel or a toll system based on cargo volume, similar to the one operating in the Suez Canal. The proposal seeks to implement charges for security, navigation services, and environmental fees, with which Tehran aspires to raise about 100 billion dollars annually, a figure that exceeds the country's current income from crude oil sales. This economic offensive comes in a context of high military tension after the start of the conflict on February 28.
