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Iran charged $0 from ships before war, to now charge $2 million to pass Strait of Hormuz
short by Shalini ojha / on Wednesday, 8 April, 2026
Iran charged no cost from ships to let them pass the Strait of Hormuz before its war against the US started, but will now charge a fee of $2 million. According to a JP Morgan report, Iran is mulling to charge the amount from about 100-130 vessels daily. Iran mentioned toll fees in proposal it sent to US for ceasefire.
read more at CNBCTV18