Iran says it has collected its "first revenue" from Strait of Hormuz tolls


Iran has collected its first toll revenues from ships passing through the Strait of Hormuz, according to the country's deputy speaker of parliament, after a week in which both the U.S. and Iran intercepted vessels in the contested waterway.


"The first [transit toll] revenue from the Strait of Hormuz has been deposited into the Central Bank account," said Hamid Reza Haji Babaei Thursday.


"We will sanction anyone who tries to sanction us," the country's semiofficial Fars news agency quoted Babaei as saying, adding that a large amount "of the world's oil, gas, and essential goods for Europe are under our control."


Around 20% of the world's crude oil supplies would typically transit the strait before the war, but it has been effectively blockaded by Iran's threat to commercial ships for more than seven weeks, which says it has limited passage to "friendly" countries.


Alireza Salimi, a senior Iranian MP, told Tasnim News that the amount each vessel has to pay varies depending on the cargo and the level of risk involved. 


The fees already collected "are currently being deposited into a unified account and the treasury," he said.

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