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Toll issue solved in Hormuz, Iran will charge this much money from every ship for movement

July 3, 2026 by Uma Shankar

The mystery of toll taken from ships in Hormuz has been solved. Iran will charge a toll of approximately one million dollars from each ship in Hormuz. This information was given to America during the meeting in Qatar. However, America appealed to put on hold the plan to collect toll from Iran till the last moment of the meeting. America also gave many types of inducements to Iran for this.

wall street journal According to US ambassadors Steve Witkoff and Jared Kushner iran Told them that if they do not take the toll then all the seized money will be given to them in cash. However, Iran did not budge on the toll.

Understand the arithmetic of Iran’s toll

  1. Iran wants to collect 43 billion dollars every year through toll in Hormuz.
  2. If seen on daily basis, it is 117.8 million dollars.
  3. On normal days, 120 ships pass through Hormuz every day.
  4. Accordingly, there is a plan to recover 1 million dollars from one ship.

What is Iran’s plan regarding toll?

The report said that Iran wants to collect 43 billion dollars every year through toll in Hormuz. It has informed its neighboring countries about this. Iran has made it clear that it has rights over Hormuz and like Panama, it will collect toll here.

Before the war, 120 ships used to pass through Hormuz every day. Iran hopes that after peace is established, 120 ships will pass through this route again. Keeping these 120 ships in mind, Iran has set a target of collecting toll of 43 billion dollars from Hormuz.

If seen on a daily basis, Iran is preparing to earn 117.8 million dollars from Hormuz through toll collection every day. Iran will also give some of this money to Oman.

Preparation to take toll in Chinese currency

Iran wants to collect the toll on ships passing through Hormuz in Chinese or Russian currency. In recent days, Oman had made a proposal to Iran to end the toll impasse. It was said that Iran should collect toll in the name of environmental fee, but hand over the entire system to any other country or independent agency, so that Iran’s Revolutionary Guard cannot act arbitrarily in Hormuz.

Iran rejected this proposal. Iran has made it clear that it needs revenue immediately. Tehran will not give the responsibility of toll collection to any other country or agency.

About Uma Shankar

Uma Shankar writes about finance, business, and investment topics. He simplifies complex subjects like stock market, banking, tax, and cryptocurrency to help readers make informed financial decisions. Data-driven reporting is his strength.

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