Trump Urges Iran to Halt Tanker Fees in Strait of Hormuz

President Donald Trump has called on Iran to stop imposing fees on tankers passing through the Strait of Hormuz, stressing the importance of maintaining smooth global energy movement.

Eko Hot News reports that Trump made the statement via his Truth Social platform, warning that any reported charges on oil tankers should be discontinued immediately to avoid disruptions in international trade.

According to reports by the Financial Times, Iran is considering a policy that would require shipping companies to pay a $1 per barrel duty in cryptocurrency for passage through the strategic route.

The proposed fee has raised concerns among global stakeholders, given the significance of the Strait of Hormuz in international energy supply chains.

In a related development, Mojtaba Khamenei, identified as Iran’s supreme leader, signalled plans to strengthen control over the waterway and seek compensation for damages linked to regional tensions.

The Strait of Hormuz is one of the most important maritime routes in the world. It connects the Persian Gulf to the Gulf of Oman and serves as a key channel for global oil and gas transportation.

Experts estimate that about 20 percent of global oil supply and nearly 25 percent of liquefied natural gas exports pass through this narrow passage daily.

The waterway separates Iran from Oman, with shipping lanes in some areas measuring just a few miles wide, making it a sensitive and highly monitored route.

Industry analysts note that any changes to access or cost of passage through the Strait could have ripple effects on global energy prices and supply chains.

Shipping companies and energy markets are closely monitoring developments, as the introduction of new charges could influence operational costs and trade flows.

Global leaders and stakeholders continue to emphasise the importance of keeping the route accessible and stable to support economic growth and international commerce.

The situation highlights the strategic value of the Strait of Hormuz as a vital link in the global energy network and the need for cooperative efforts to maintain its efficiency.