Iran Moves to Charge Ships? Hormuz Tensions Deepen; Global Oil Supply at Risk

As the crisis approaches the one-month mark, Tehran is now moving to formalize its control over the vital maritime corridor. According to reports by Fars News Agency, Iran’s parliament is drafting legislation that would introduce a system of charges on vessels passing through the Strait of Hormuz.

Post Published By: Rohit Goyal
Updated : 26 March 2026, 1:59 PM IST
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Tehran: The ongoing Middle East conflict has pushed global oil markets further into uncertainty as Iran tightens its grip over the strategically crucial Strait of Hormuz, a passage responsible for nearly a fifth of the world’s oil shipments.

As the crisis approaches the one-month mark, Tehran is now moving to formalize its control over the vital maritime corridor. According to reports by Fars News Agency, Iran’s parliament is drafting legislation that would introduce a system of charges on vessels passing through the Strait of Hormuz.

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Global Oil Supply at Risk

Amid escalating tensions, Iran has issued a stern warning that it could completely shut down the Strait if the United States targets its power infrastructure, raising fears of a severe global energy crisis. With limited alternative routes available, any disruption in the waterway threatens to choke oil supplies and trigger sharp price spikes worldwide.

The proposed bill would require ships to pay for “safe passage,” effectively giving Iran greater economic and strategic leverage over one of the world’s busiest energy routes. If implemented, the move could significantly alter global shipping dynamics and increase transportation costs for oil-importing nations.

Iran reopens Strait of Hormuz for India; Easing supply concerns

Analysts warn that such measures could further inflame geopolitical tensions and disrupt already fragile energy markets. With diplomatic solutions still uncertain, the situation in the Strait of Hormuz remains a critical flashpoint with far-reaching global consequences.

Ships Stuck at Hormuz

This time, the impact has been more stark, with the conflict, now in its fourth week, seeing a major shift. Iran has moved to tighten its grip on Hormuz, not by closing it but by reopening it on its own terms and forcing "non-enemy" countries to pay for passage of their ships. We will come to this later.

Since the war began, Iran has attacked around 20 ships that have attempted to cross the strait without its permission. Tehran has repeatedly warned that only its "enemies and their allies" would be attacked. However, it has not clearly defined which countries fall under that category. Hundred of ships of different countries are still stuck at Hormuz.

Location : 
  • Tehran

Published : 
  • 26 March 2026, 1:59 PM IST

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