The Wall Street Journal reports that estimates indicate Iran could gain $40 billion a year from any fee regime on shipping through the Strait of Hormuz, as Secretary of State Rubio reiterated that the U.S. will not accept any toll.
The Wall Street Journal reported Thursday evening that estimates suggest Iran could net $40 billion annually if it imposes any form of fee on vessels passing through the Strait of Hormuz. The report appears to align with earlier assessments by Iranian officials who have spoken of substantial revenue from reopening the waterway.
Speaking alongside the report, U.S. Secretary of State Marco Rubio reiterated Washington's firm opposition to any toll regime, saying the U.S. will not agree to any fee. This echoes his earlier statements — first reported by The Zioneer on Thursday — in which he described the Iranian fee proposal as unworkable, noting that if Iran shoots at ships that refuse to pay, the system simply cannot function.
The $40 billion figure, if accurate, would represent a major windfall for Tehran, potentially reshaping its economic calculus in the strait. The figure comes from the WSJ's own sourcing; it remains an estimate and has not been independently confirmed by the Zioneer.
2 developments
- DevelopingIran Begins Charging Ships for Strait of Hormuz Transit — Up to $2 Million Per Vessel
- DevelopingIran analyst claims U.S. will collect Strait of Hormuz tolls, contradicting Tehran's officials
- StrongRubio warns Iran Hormuz toll scheme is unworkable: 'You shoot one ship, you sink one ship'
- StrongIranian Foreign Ministry spokesman: toll collection in Strait of Hormuz continues, contradicting Trump
Source and signal
- Internal intake