Iran Claims $ 2 Mn Transit Fee in Strait of Hormuz 🚢

An Iranian Member of Parliament, Alaeddin Boroujerdi, has claimed that a new "governing regime" is being enforced in the strategic Strait of Hormuz, allegedly charging vessels a fee of US$ 2 million to pass through the waterway. • Context: Speaking on Iranian State television, Boroujerdi stated the move reflects Iran's "authority and right," adding that "war has costs." • Verification Status: The claim remains unverified by independent sources, including the BBC, and is based on provisional statements from Iranian officials. • Economic Implications: The Strait of Hormuz is a critical global chokepoint. Any disruption or imposition of high transit fees could significantly impact global trade and energy prices, potentially affecting Sri Lanka’s import costs and logistics sectors.