• العربية
  • فارسی
Brand
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Theme
  • Language
    • العربية
    • فارسی
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
All rights reserved for Volant Media UK Limited
volant media logo

Iran lawmaker says ships pay up to $2 million to cross Hormuz

Jun 7, 2026, 11:31 GMT+1
Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, on May 25, 2026
Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, on May 25, 2026

Iran currently receives an average of $1.5 million to $2 million from each ship passing through the Strait of Hormuz, Mohsen Zanganeh, a member of parliament’s budget and planning committee, told IRGC-linked Fars News on Sunday.

The money is deposited into the treasury under the budget law and spent in designated areas, according to the report.

Some payments were not made in cash and were instead settled through US Tether, a dollar-linked cryptocurrency, or barter, the report said.

Most Viewed

Xi snub reignites Iran’s doubts about China
1
INSIGHT

Xi snub reignites Iran’s doubts about China

2
INSIGHT

US strikes deepen Tehran debate over compromise or confrontation

3
ANALYSIS

If Britain backs US plan, Iran's London bank shuts down on October 22

4
ANALYSIS

Trump’s call for an Iranian uprising runs into a trust problem

5
ANALYSIS

Could Hormuz offer a way out of the US-Iran war?

Banner
Banner

Spotlight

  • Satellite images show Iran’s key ports falling quiet under US blockade
    EXCLUSIVE

    Satellite images show Iran’s key ports falling quiet under US blockade

  • Iran's appliance industry is collapsing, and so is the market it was built for
    INSIGHT

    Iran's appliance industry is collapsing, and so is the market it was built for

  • In Hormuz, Iran only needs to keep ships guessing
    PODCAST

    In Hormuz, Iran only needs to keep ships guessing

  • If Britain backs US plan, Iran's London bank shuts down on October 22
    ANALYSIS

    If Britain backs US plan, Iran's London bank shuts down on October 22

  • 'If I'm not happy, they'll execute me': Iran's new grammar of dissent
    ANALYSIS

    'If I'm not happy, they'll execute me': Iran's new grammar of dissent

  • Debate grows over whether Iran is burning its strongest card in Hormuz
    ANALYSIS

    Debate grows over whether Iran is burning its strongest card in Hormuz

Banner