Iran charges Hormuz feesDecember 31
Open$178Kas of
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The market prices a 38% chance that this market resolves YES, as of .
YES38¢
NO63¢
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15 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
The state-run Mehr news agency reported that since August 21, the Islamic Republic's armed forces have prevented 30 vessels from passing through the Strait of Hormuz, and during this period, limited vessel traffic has only been allowed via routes approved by the Islamic Republic, with coordination and payment of tolls.
Iranian escalation in the Strait of Hormuz: Tehran officially announces fees on ships transiting the strait.
New Iranian decision regarding the Strait of Hormuz: Fees on ships and penalties for violators 3%D9%81%D9%86-%D8%A7%D9%84%D8%B9%D8%A7%D8%A8%D8%B1%D8%A9-%D9%84%D9%85%D8%B6%D9%8A%D9%82-%D9%87%D8%B1%D9%85%D8%B2-%D9%85%D8%A7-%D8%A7%D9%84%D8%AA%D9%81%D8%A7%D8%B5%D9%8A%D9%84
Ships in the Strait of Hormuz will be subject to service fees The spokesperson for the National Security Commission of the Parliament announced the approval of a plan to charge ships for navigation, safety, environmental and fueling services in the Strait of Hormuz. Read the full text in the link below... @Nournews_ir
These fees will be collected from ships of countries authorized to pass through the Strait of Hormuz, in rials or any other currency desired by Iran.
Approval of charging service fees from ships transiting the Strait of Hormuz in the National Security Commission National Security Commission Spokesperson: According to Article 3 of the Strategic Action Plan to Ensure Security and Progress in the Strait of Hormuz, fees will be charged for services including navigation, environmental, fueling under special conditions, insurance, and safety.
Receiving service fees from ships passing through the Strait of Hormuz was approved National Security Commission Spokesperson: Article 3 of the "Strategic Action to Ensure the Security and Progress of the Strait of Hormuz" plan was approved by the National Security Commission, according to which ships from countries permitted to pass through the Strait of Hormuz will pay a fee for the services provided by Iran. The fee will be collected for services including navigation, environmental, fueling under special conditions, insurance, safety, and other services we provide. These fees will be collected in rials or any other currency desired by the Islamic Republic of Iran. @iribnews
Iran announces sweeping changes to the Strait of Hormuz: the northern and southern passages will remain closed. All maritime traffic will be concentrated in the central passage after a deadline. Tehran will impose tariffs on ships in this key energy corridor. #Iran #Hormuz #teleSUR
Fars News Agency: Ships transiting the Strait of Hormuz will be required to pay for insurance, refueling, and environmental fees.
According to sources, Iran and Oman were finalizing a draft agreement on Wednesday aimed at reopening the Strait of Hormuz. Under the draft, Tehran would have the right to monitor vessels entering the Persian Gulf but would be prohibited from charging tolls or service fees.
CBS News reported, citing informed sources, that the Iranian and Omani plan to reopen the Strait of Hormuz does not foresee collecting tolls or service fees from passing ships.
Iran and Oman Close to Agreement on Hormuz Passage… Service Fees to Be Imposed
Deal said in the works to revive US-Iran MOU, open Hormuz for 60 days without fees
A US official told Reuters: The agreement under consideration regarding the Strait of Hormuz and the post-Iran war is focused solely on coordinating passage through this waterway and will not include any tolls or fees for ships to pass through.
#Breaking | Reuters, quoting a US official: Iran is exaggerating its demands regarding the Strait of Hormuz, demands rejected by Oman, Washington, and the international community.
The agreement currently under discussion concerning the Strait of Hormuz pertains to coordination and does not involve transit fees or other charges.
Where does the news lean?
98YES20NO19neutraltrailing 24h
Signal flow leans NO at 53% — signal sentiment, not the market price. Average match confidence across the listed signals: 94%.
Past moves on this market
Material odds moves (≥8 points within an hour of a matched news signal), newest first — each links to a dated brief on what moved the price.
What would make this resolve YES?
This market resolves to “Yes” if the Iranian government officially announces and begins collecting fees, tolls, charges, tariffs, or similar payments from commercial vessels which are mandatory for passage through or access to the Strait of Hormuz between market creation and the specified date, 11:59 PM ET. Otherwise, this market resolves to “No.”
A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify.
A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify).
Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria:
1) An official announcement from the Iranian government that such a fee is being, or will be, implemented.
2) A consensus of credible reporting that collection of the fee has begun.
Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify.
The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.
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