Why Iran Kept the Strait of Hormuz Free While Others Charge Millions

Several major shipping routes impose hefty passage fees. The Suez Canal charges between $200,000 and $700,000 per ship, rising above $1 million for large tankers. Turkey levies tariffs on vessels crossing the Istanbul Strait, and Canada collects for the St. Lawrence Seaway. Panama’s charges range from $100,000 to $450,000, reaching $500,000 for Neopanamax ships. Despite facing sanctions and isolation, Iran has long allowed free passage through the Strait of Hormuz. Critics question why Iran is portrayed as the villain when it offers a toll-free route that others monetise.

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