Iran pushes “toll” plan on the Strait of Hormuz, threatening global trade chaos
Instead of just reopening the waterway after recent conflicts, Iran has announced a plan with Oman to create a new authority that would charge fees for any ship passing through. This would effectively let Iran tax and control the flow of the world’s oil and natural gas.
This narrow 13-to-21-mile passage carries about one-quarter of the world’s energy supplies, including 20% of global oil and nearly 20% of liquefied natural gas. If Iran controls it, energy prices, fertilizers and even food costs could spike worldwide.
When the war started, the United Arab Emirates began rerouting its oil through the port of Fujairah to avoid the strait. Iran’s new plan claims authority over waters near that port, threatening to cut off that alternative and tighten its grip on the region’s oil exports.
The Strait has been effectively closed since late February, and shortages in fertilizer and energy are already being felt. If Iran permanently monetizes this bottleneck, it could cause supply chain breakdowns, fuel price spikes and economic pain from Japan (which depends on the strait for survival) to Western Europe.
In the past, Iran never fully closed the Strait because it needed to export its own oil. But this new toll system shows Iran wants to permanently “own” the waterway, leaving the rest of the world with a grim choice: pay the tolls or face a global energy crisis.
Read Full Article: https://www.naturalnews.com/2026-05-25-iran-pushes-toll-plan-on-strait-of-hormuz.html
