Iran chokes Strait of Hormuz with reported $2M tanker toll, regime threatens global oil supply

"Collecting $2 million as transit fees from some vessels crossing the strait reflects Iran's strength," Boroujerdi said during a television program cited by Iranian media.

"Now, because war has costs, naturally we must do this and take transit fees from ships passing through the Strait of Hormuz," he said.

"If Iran doesn't FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 hours from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!" Trump said in a post shared on Truth Social.

The strait is "open to everyone" except Iran's adversaries, Tehran's permanent representative to the International Maritime Organization, Ali Mousavi, also told the Mehr News Agency on Sunday, while Iranian President Masoud Pezeshkian also set out Iran's policy on X.

"The Strait of Hormuz is open to all except those who violate our soil," he said.

Several governments, including China, India, Pakistan, Malaysia and Iraq are in talks with Tehran over ship transit, as Iran's Revolutionary Guard sets up a new system to register "approved" vessels for safe passage, the outlet reported.

"Iranian exports remain active, supported by alternative routing and sustained on-water volumes," Windward said.