Iran Accused of Demanding $2M for Strait of Hormuz Passage Amid Escalating Crisis

Brief by Shorts91 Newsdesk / 04:56am on 23 Mar 2026,Monday International

Iran is reportedly charging some vessels $2 million to pass through the Strait of Hormuz, according to Iranian lawmaker Alaeddin Boroujerdi, who called it a new “sovereign regime” reflecting wartime costs. The claim comes amid escalating tensions with Donald Trump, who warned Iran to reopen the strait within 48 hours or face strikes on power plants. Iran responded by threatening to target US and Israeli infrastructure if attacked. President Masoud Pezeshkian said the strait remains open except for violators. Some ships, including India-bound vessels, have passed, though many remain stuck. Oil prices stay elevated, while the crisis raises fears of a severe global energy shock. (PC: Reuters)

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