Bloomberg Surveillance · Friday, August 7, 2026
Iran is reportedly proposing a five to seven percent 'service fee' for passage through the Strait of Hormuz, a move described as a 'shakedown' by one analyst. This comes amidst ongoing diplomatic efforts and concerns about Iran's ability to restrict shipping and impact global commerce.
“A five to seven percent service fee is currently being proposed by Iran.”
“Certainly not you can call it whatever you wish, but it's a shakedown, and that fee can be changed.”
“But Iran is providing no services. And to be clear, the last time anyone charged a fee in the straight up or moves was April sixteen, twenty two, and that was the Portuguese.”