An Iranian lawmaker has said that Tehran collects fees ranging from $1.5m to $2m from vessels transiting the Strait of Hormuz, one of the world’s most strategically important shipping routes. Mohsen Zanganeh, a member of the Iranian parliament’s Planning and Budget Committee, said the charges apply to ships passing through the waterway, according to remarks reported by the semi-official Fars News Agency. “The fees imposed on ships transiting the strait average between $1.5 million and $2 million per vessel.” According to Zanganeh, payments can be made in cash, cryptocurrencies or through the provision of goods, with the value of the goods deducted from the transit charges. Fars reported that, based on current traffic levels, the fees could generate as much […]