Jackie Northam
👤 SpeakerAppearances Over Time
Podcast Appearances
An Iranian lawmaker says the fee for a ship to pass through the Strait of Hormuz could cost up to $2 million.
It will involve government-to-government negotiations, getting permits and transiting through Iranian territorial water.
The toll system is still being formalized and currently appears ad hoc.
Analysts say some ships, including those from India, Pakistan and China, have worked out deals diplomatically.
Iranian-owned and flagged vessels won't be charged and any ship with links to the U.S.
or Israel will not be allowed to pass full stop.
Analysts say it's unlikely a toll system similar to the Suez Canal would get regional buy-in and that opening the strait through diplomacy is still the best answer.
An Iranian lawmaker says the fee for a ship to pass through the Strait of Hormuz could cost up to $2 million.
It will involve government-to-government negotiations, getting permits, and transiting through Iranian territorial water.
The toll system is still being formalized and currently appears ad hoc.
Analysts say some ships, including those from India, Pakistan and China, have worked out deals diplomatically.
Iranian-owned and flagged vessels won't be charged, and any ship with links to the US or Israel will not be allowed to pass full stop.
Analysts say it's unlikely a toll system similar to the Suez Canal would get regional buy-in, and that opening the strait through diplomacy is still the best answer.
An Iranian lawmaker says the fee for a ship to pass through the Strait of Hormuz could cost up to $2 million.
It will involve government-to-government negotiations, getting permits, and transiting through Iranian territorial water.
The toll system is still being formalized and currently appears ad hoc.
Analysts say some ships, including those from India, Pakistan and China, have worked out deals diplomatically.
Iranian-owned and flagged vessels won't be charged, and any ship with links to the U.S.