News Desk
Last Updated: 12 May 2026, 08:05 AM IST
Iran has introduced a new permit-based system for ships travelling through the Strait of Hormuz, giving its newly formed Persian Gulf Strait Authority greater control over one of the world’s busiest oil routes.
Strait of Hormuz
Tehran: Iran has reportedly created a new body called the Persian Gulf Strait Authority (PGSA) to regulate ships passing through the Strait of Hormuz.
The authority was introduced as tensions between Iran and the United States continue in West Asia. According to reports, the PGSA is now responsible for supervising maritime traffic and managing a new transit permit system for vessels entering the strait.
The Strait of Hormuz is one of the world’s most important shipping routes, handling nearly 20 per cent of global oil trade.
How does the new system work?
Under the new rules, ships intending to pass through the Strait of Hormuz must first obtain approval from the PGSA.
Vessel operators are reportedly required to submit a detailed “Vessel Information Declaration” form before transit approval and toll payment are processed.
The form reportedly asks for:
Vessel name and identification details
Ownership and insurance information
Crew nationalities and operator details
Cargo information
Country of origin and destination
Planned transit route
According to reports, the forms are being sent through the official email address linked to the authority.
The PGSA has also warned that incomplete or incorrect information will remain the responsibility of the applicant vessel.
Why is Iran introducing tolls and permits?
Iran says the system is aimed at creating a new legal and security framework in the Strait of Hormuz.
Iranian military official Mohammad Akraminia reportedly stated that any country supporting US sanctions against Iran could face difficulties while crossing the strait.
The new system is also expected to provide Iran with economic and political leverage by allowing it to regulate and monetise passage through a globally important maritime route.
Reports suggest that some vessels have already paid transit amounts reportedly reaching up to $2 million, although no official tariff structure has been publicly released.
Why the Strait of Hormuz matters globally
The Strait of Hormuz is a narrow but strategically vital waterway connecting the Persian Gulf to global shipping routes.
A large share of the world’s oil exports passes through the route every day, making any disruption capable of affecting global fuel prices, shipping costs and energy markets.
Past tensions in the region have already caused oil price spikes and concerns over maritime security.
Concerns from the US and allies
The United States and its allies have repeatedly called for unrestricted navigation through the Strait of Hormuz.
Reports suggest that the US and Bahrain are discussing international responses to Iran’s restrictions, while European countries are also reviewing maritime security measures in the region.
Iran, however, maintains that it alone is responsible for security in the strait and has criticised foreign military involvement.
Analysts say the PGSA gives Iran greater control over one of the world’s most critical energy chokepoints.
While the permit system could temporarily organise shipping traffic, critics warn it may also increase uncertainty in global trade if political tensions rise further.
The development is being closely watched by oil markets, shipping companies and governments worldwide because of the strait’s importance to global energy supply chains.
Published: 12 May 2026, 08:05 am IST
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