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UN Law of the Sea Under Challenge! UK Media: "Tehran Tollgate" to Exert Long-term Impact on Global Energy Landscape


Release time:

Apr 29,2026

Amid lingering tensions in the Middle East and a continued deadlock in the second round of U.S.-Iran negotiations, Iran’s proposal for a navigation regime in the Strait of Hormuz is evolving from a phased arrangement into a long-term institutional mechanism.
 
The transit toll scheme, initially regarded as a temporary contingency measure, has gradually solidified into a normalized policy amid protracted unresolved negotiations, drawing intense attention from global energy markets and the legal community worldwide.
 
An analysis by the UK’s The Guardian points out that the mechanism dubbed the "Tehran Tollgate" ostensibly aims to raise funds for post-war reconstruction. In essence, it involves a redefinition of control over international shipping lanes and is likely to exert lasting impacts on oil prices and the global economy for a long time to come.
 
Under Iran’s 10-Point Peace Plan, Iran and Oman are authorized to charge vessels passing through the strait a fee of up to 2 million US dollars. The scheme was piloted earlier this month. All tankers seeking passage are required to submit detailed information including cargo particulars, destination and ultimate ownership, before paying a fee of at least 1 US dollar per barrel of crude oil.
 
Industry insiders widely believe the real cost pressure will stem from a hidden premium. Surging shipping risks drive up freight rates, war risk insurance premiums climb higher, and crew salaries for operations in high-risk waters double. The combination of these factors could push overall transportation costs significantly higher.
 
More crucially, this mechanism risks preventing the Strait of Hormuz from restoring its pre-crisis normal traffic volume.
 
As one of the world’s most critical energy corridors, the Strait of Hormuz used to handle around 20 million barrels of oil and gas shipments daily before the crisis. Any disruption to transit will rapidly tighten market supply.

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