Iran lawmaker says ships pay up to $2 million to cross Hormuz

TEHRAN: Iran currently receives an average of $1.5 million to $2 million from each ship passing through the Strait of Hormuz, Mohsen Zanganeh, a member of parliament’s budget and planning committee, told IRGC-linked Fars News on Sunday.

The money is deposited into the treasury under the budget law and spent in designated areas, according to the report.

Some payments were not made in cash and were instead settled through US Tether, a dollar-linked cryptocurrency, or barter, the report said.

Source: Iran International