Trafigura Warns World’s Largest Energy Crisis Is Far From Over
Commodity trading giant Trafigura says the conflict in the Middle East has already removed more than 1.1 billion barrels of oil from global markets and warned that even a near-term...
IMO Secretary-General Arsenio Dominguez at the opening of the IMO Marine Environment Protection Committee (MEPC) 2nd extraordinary session, 14-17 October, 2025. Photo courtesy IMO

LONDON, April 9 (Reuters) – Imposing a toll on ships sailing through the critical Strait of Hormuz would “set a dangerous precedent” and countries should not impede freedom of navigation, the UN’s shipping agency said on Thursday.
Iranian officials have raised the idea of charging a toll for using the Strait after a two-week ceasefire between the United States and Tehran was agreed this week.
“There is no international agreement where tolls can be introduced for transiting international straits. Any such toll will set a dangerous precedent,” a spokesperson with the UN’s International Maritime Organization said.
IMO countries adopted the UN Convention on the Law of the Seas, or UNCLOS, which outlines the rules that govern straits used for international navigation.
“According to UNCLOS, ships enjoy the right of transit passage through international straits. States bordering straits shall not hamper that right or suspend the transit passage,” the IMO spokesperson said.
(Reporting by Jonathan Saul; editing by Barbara Lewis)
(c) Copyright Thomson Reuters 2025.Updated: May 27, 2026 (Originally published April 9, 2026)
Sign up for gCaptain’s newsletter and never miss an update
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up