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<title>Hormuz power play: Iran&#x26;#x27;s proposed 7% shipping toll could unlock $100 billion a year </title>
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<description>According to various reports, Iran is pushing for a transit fee of between 5% and 7% of the cargo&#x26;#x27;s value, while Oman has reportedly proposed a lower 3% toll. The Strait of Hormuz has long been one of the world&#x26;#x27;s most strategically sensitive maritime chokepoints. Now, reports suggest Iran wants to transform it into one of the planet&#x26;#x27;s most lucrative revenue streams by charging commercial vessels a transit fee worth up to 7% of the value of their cargo &#x26;#x2014; a move that could reshape global shipping economics and intensify geopolitical tensions in West Asia. According to a Reuters report,...</description>
<author>Business Today</author>
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<pubDate>Thu, 6 Aug 2026 16:11:07 GMT</pubDate>
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