Iran Formalises Hormuz Toll Regime As PGSA Tightens Control Over Global Oil Lifeline
Iran has now institutionalised its control over the Strait of Hormuz by creating the Persian Gulf Strait Authority (PGSA), which requires vessels to obtain permits and pay tolls before transiting.Nations such as India and Pakistan have negotiated passage rights, while ships linked to the US or Israel face outright denial. The system is already in force, with some vessels reportedly paying up to $
Iran has now institutionalised its control over the Strait of Hormuz by creating the Persian Gulf Strait Authority (PGSA), which requires vessels to obtain permits and pay tolls before transiting.Nations such as India and Pakistan have negotiated passage rights, while ships linked to the US or Israel face outright denial. The system is already in force, with some vessels reportedly paying up to $
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