Iran parliament ready to approve Hormuz fees, lawmaker says


Charging transit fees for passage through the Strait of Hormuz would be a normal step under international practice, an Iranian lawmaker said on Saturday, adding that the parliament was ready to pass legislation for it.
Collecting such fees was common on many important maritime routes around the world and could help strengthen Iran’s revenue and improve safety and maritime services in the strait, said Saeed Rahmatzadeh, a member of parliament’s economic committee.