Sri Lanka, March 26 -- Iran is preparing legislation to impose toll charges on vessels passing through the Strait of Hormuz, according to an Al Jazeera report citing Iranian news agencies Fars and Tasnim.
The report said the Iranian parliament is seeking to pass a draft law that would allow authorities to collect fees from ships transiting the crucial waterway.
The development, the report mentioned, was confirmed by the chairman of the parliament's Civil Affairs Committee, who said the proposal has been prepared and will soon be finalised by the legislature's legal team.
"According to this plan, Iran must collect fees to ensure the security of ships passing through the Strait of Hormuz," the official was quoted as saying.
"This is compl...