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News India Live, Digital Desk: Today, on April 8, 2026, the world has heaved a sigh of relief after 40 days of fierce conflict in West Asia. between US President Donald Trump and Iran Two-week ceasefire After this, it has been agreed to reopen the Strait of Hormuz. However, this time trade through the Strait of Hormuz will not be as ‘free’ as before. Iran and Oman have made a historic and controversial proposal, under which every ship passing through this international waterway will have to pay ‘transit fee’ i.e. toll tax.
$2 Million (₹16.7 Crore) per ship: Iran’s ‘reconstruction’ plan
According to Iran’s 10-point peace proposal, almost every large ship (especially oil tankers) passing through Hormuz 20 lakh dollars (about Rs 16.7 crore) There is a plan to charge Rs.
Objective: Iran says that this amount will be used to rebuild the infrastructure destroyed during the war.
Partnership: Since this waterway falls within the territorial boundaries of both Iran and Oman, a part of the revenue may also go to Oman.
Historic change: from ‘free waterway’ to ‘toll route’
For decades the Strait of Hormuz has been considered an international waterway, through which merchant ships could pass without any duty. of the world’s total oil trade 20 percent Passes through this narrow path. This is the first time that there has been talk of imposing tax on this natural waterway on the lines of Panama and Suez Canal. However, Gulf countries like Qatar and United Arab Emirates (UAE) have strongly opposed this proposal.
India’s challenge: Oil will become expensive, shipping costs will rise
This news has brought both ‘relief and concern’ for India.
relief: Opening of waterways will avert the energy supply crisis. India is expected to receive the first consignment of Iranian oil after the ceasefire.
Worry: If the hefty tax of $2 million per ship is implemented, the landing cost of crude oil coming to India will increase. This may increase pressure on petrol and diesel prices in the country. According to the Indian Export Organization (FIEO), there will be a huge increase in logistics costs due to taxes and increased insurance premiums.
Market condition: Huge fall in oil prices
As soon as the news of the ceasefire broke, a huge decline was seen in the global oil market. Prices of Brent Crude Oil Down 13.8% to $94.27 per barrel, while US crude $95.55 But it fell down. Investors hope that the opening of Hormuz will smoothen the global energy supply, due to which the prices which have increased over the past one month will now come under control.