
Iran's 'Toll Booth' in Hormuz Strait Forces Oil Tanker Detour to Larak
Iran has implemented a mandatory shipping corridor north of Larak Island in the Strait of Hormuz, requiring vessels to obtain IRGC clearance and pay fees. This has caused a 90% decline in strait traffic since the crisis began on February 28. The Iranian parliament has passed a bill to formalize the toll system, which experts argue violates international maritime law. Vessels from China, India, and Greece have been prioritized, with payments sometimes made in yuan. Several countries are engaging in diplomatic talks to secure safe passage for their ships. The legality of Iran's actions is contested, with comparisons to man-made canals like Suez being deemed inappropriate.






















