• About us
  • Team
  • Privacy Policy
  • Contact
Tuesday, July 7, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

Iran imposes $2million fee on select ships in Strait of Hormuz

by Blitz India Media
March 23, 2026
in News
0
Hormuz
Blitz Bureau

NEW DELHI: Iran began charging certain vessels a transit fee of $2 million (approximately Rs 18.8 crore) to pass through the strategically vital Strait of Hormuz, in what officials describe as a new assertion of control amid its ongoing conflict with the United States and Israel. Iranian President Masoud Pezeshkian stated on X that the strait remains “open to everyone” — except for Iran’s adversaries — outlining Tehran’s latest stance on access to the crucial maritime route.

The policy has already been implemented, according to Iranian lawmaker Alaeddin Boroujerdi, who spoke to state broadcaster Islamic Republic of Iran Broadcasting (IRIB), as cited by Iran International. Boroujerdi said the move represents a shift toward what he called a new “sovereign regime” governing the waterway.

“Collecting $2 million as transit fees from some vessels crossing the strait reflects Iran’s strength,” Boroujerdi said. “Now, because war has costs, naturally we must do this and take transit fees from ships passing through the Strait of Hormuz,” he added, claiming the policy demonstrates the Islamic Republic’s “authority.”

Earlier, Iran’s Foreign Ministry said that the Strait of Hormuz is not blocked and navigation continues in the waterway, with necessary measures being taken due to wartime conditions. In a statement elaborating on Iran’s positions amid ongoing US and Israeli attacks, the ministry said that Iran has always respected the freedom of navigation and maritime security and safety, adding that it has worked to uphold those principles over the years.

The ministry noted that following the US and Israeli military “aggression” against Iran, a dangerous situation has been imposed on the Gulf and the Strait of Hormuz, directly impacting regional shipping safety and security.

Related Posts

growth
News

India records 44 pc jump in FDI inflows: UNCTAD

July 7, 2026
One dead, seven injured in Wayanad mudslide
News

One dead, seven injured in Wayanad mudslide

July 7, 2026
India expands critical minerals push
News

India expands critical minerals push

July 7, 2026
Centre clears Rs 1,238 cr investment to modernise ITIs
News

Centre clears Rs 1,238 cr investment to modernise ITIs

July 7, 2026
real estate
News

Delhi-NCR posts record office space profits

July 7, 2026
piyush-goyal
News

Leather industry should target $15b exports: Goyal

July 7, 2026
Load More
Next Post
oil

Crude surges to $112 per barrel, up 60pc

Recent News

growth
News

India records 44 pc jump in FDI inflows: UNCTAD

by Blitz India Media
July 7, 2026
0

Blitz Bureau NEW DELHI: India has improved its position by two ranks to become the world’s 11th largest recipient of...

Read moreDetails
One dead, seven injured in Wayanad mudslide

One dead, seven injured in Wayanad mudslide

July 7, 2026
India expands critical minerals push

India expands critical minerals push

July 7, 2026
Centre clears Rs 1,238 cr investment to modernise ITIs

Centre clears Rs 1,238 cr investment to modernise ITIs

July 7, 2026
real estate

Delhi-NCR posts record office space profits

July 7, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation