Close Menu
    What's New

    Russia to extend diesel export ban until late January 2027

    October 31, 2026

    BeyondTrust announces the general availability of its AI Agent Security

    October 31, 2026

    NewsBanner Government of Dubai Media Office News Hamdan bin Mohammed announces Ziina as winner of Dubai-it Award for Companies in Field of Business

    October 31, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    The Gulf GazetteThe Gulf Gazette
    • Home
    • KSA
    • UAE
    • GCC
    • Technology
    • Lifestyle
    • Sports
    The Gulf GazetteThe Gulf Gazette
    Home»KSA»Iran receives first revenue from Strait of Hormuz tolls, says official
    KSA

    Iran receives first revenue from Strait of Hormuz tolls, says official

    Editorial TeamBy Editorial TeamApril 24, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    TEHRAN — A senior Iranian parliament official said on Thursday that Tehran has received the first revenue from tolls it imposed on the strategic Strait of Hormuz in its war with the United States and Israel.

    Hamidreza Hajibabaei, the deputy speaker of Iran’s parliament, the first revenues from Iran’s new tolls on shipping transiting the Strait of Hormuz have been deposited into the state’s central bank account, according to the semi-official Fars News Agency.

    “We have control over this Strait,” Hajibabaei said, speaking at a public gathering in the western city of Kuhdasht.
    “If the United States continues on its current course, no vessels will pass through the Strait of Hormuz,” Hajibabaei said. He added, “We are not engaged in negotiations — rather, we are making demands.”

    Alireza Salimi, another member of the Iranian parliament, confirmed the deposit of the revenues in an interview with the semi-official Tasnim News Agency on Thursday.

    “The amount collected from each ship depends on its cargo and level of risk they pose,” Salimi said, as quoted by Tasnim.

    “Iran determines how much and how these fees are collected, in other words, we determine the rules,” Salimi said.

    The Strait of Hormuz, a key energy chokepoint, has become a major flashpoint since the outbreak of the Middle East war on February 28.

    Iran has allowed only a trickle of ships to pass through the waterway, a route that in peacetime accounts for a fifth of the world’s oil and gas flows, along with other vital commodities.

    Before the announcement of revenue from tolls, Iran’s parliament had been deciding whether to impose them on shipping through the strait, with Iranian officials warning that maritime traffic through the strait would “not return to its pre-war status.”

    On March 30, Iranian state media said the parliament’s security commission had approved plans to impose tolls, but it was not clear if a final parliamentary vote on the proposal had taken place. — Agencies

    Source: Saudi Gazette

    Previous ArticleDubai Metro map: Where Blue, Gold lines will run and how they connect
    Next Article EU approves €90bn loan for Ukraine as Russian oil flow to Slovakia resumes

    Related Posts

    Trump administration unlawfully fired prosecutor Maurene Comey, judge rules

    October 27, 2026

    Saudi Arabia recalls 1,355 Ford, Lincoln vehicles over windshield wiper defect

    October 26, 2026

    Crown Prince receives message from Kazakhstan president 

    October 26, 2026
    Latest Posts

    Russia to extend diesel export ban until late January 2027

    October 31, 2026

    BeyondTrust announces the general availability of its AI Agent Security

    October 31, 2026

    NewsBanner Government of Dubai Media Office News Hamdan bin Mohammed announces Ziina as winner of Dubai-it Award for Companies in Field of Business

    October 31, 2026

    SEWA unveils strategic energy, water projects worth over AED5.2 billion

    October 31, 2026
    Don't Miss

    Russia to extend diesel export ban until late January 2027

    By Editorial TeamOctober 31, 2026

    MOSCOW, 31st October, 2026 (WAM) — The Russian government is preparing to extend its diesel…

    Austria’s inflation rate up by 0.9% to 3.1% in March

    April 1, 2026

    Saudi FM, UN chief discuss regional developments in phone call

    April 1, 2026
    2026. All rights reserved.
    • KSA
    • UAE
    • GCC
    • Technology
    • Lifestyle
    • Sports
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.