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Iran said to draft bill to impose fees for transit through Strait of Hormuz

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Mar 26, 2026, 4:25 AM ETProShares Ultra Bloomberg Crude Oil ETF (UCO), SCO, DBO, BNO, DBE, MLPX, USOI, OILK, GUSH, DRIP, XLE, UNG, BOIL, LNG Stock, FCG, USL, KOLD, UNL, USOBy: Jessica Kuruthukulangara, SA News Editor
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Strait Of Hormuz Remains Focal Point In Iran-U.S. War

Elke Scholiers/Getty Images News

Iran is preparing a draft bill to officially impose fees on vessels transiting through the Strait of Hormuz, according to local media reports, citing Iranian lawmaker Mohammadreza Rezaei Kouchi.

“Parliament is pursuing a plan to formally codify Iran’s sovereignty, control and

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