India, April 8 -- US-Israel-Iran War Latest Update: The reopening of the Strait of Hormuz after the recent ceasefire between the United States and Iran has brought temporary relief to global markets. However, fresh reports suggesting that Iran could charge up to $2 million per ship for passage through the strategic waterway have triggered worldwide concern.

While officials from Tehran have promised safe passage under coordination with their armed forces, there is still no clear official confirmation that a fixed $2 million toll has been formally implemented.

The Strait of Hormuz is one of the most critical maritime routes in the world, carrying nearly one-fifth of global oil shipments, making any change to its rules highly sensitiv...