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Iran Moves To Monetise Hormuz — And Hold World To Ransom

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Iran Moves To Monetise Hormuz — And Hold World To Ransom

Shadow Fleet.jpg

Iran has raised the stakes in its war diplomacy with a bold new demand: recognition of its control over the Strait of Hormuz — a move that could generate billions while tightening its grip on the global economy.

The narrow waterway, through which roughly a fifth of the world’s oil and liquefied natural gas flows, has become Tehran’s most powerful weapon. Now, Iranian officials want to turn that leverage into a permanent economic and geopolitical tool.

From Threat To Cash Machine

For years, Iran threatened to shut the strait in the event of conflict. Few believed it would follow through — fewer still that it would work so effectively.

But with shipping traffic now severely disrupted by drone and missile attacks, global energy markets have been thrown into turmoil. Oil prices have surged, supply chains have buckled, and governments worldwide are scrambling to secure fuel.

Tehran appears to have taken note. Officials are now openly discussing a system that would charge vessels for safe passage — effectively turning Hormuz into a toll gate for global trade.

Analysts say the potential revenue is staggering. With around 20 million barrels of oil typically passing through daily, even modest fees could bring in hundreds of millions of dollars each month — rivaling the income generated by Egypt’s Suez Canal.

Legal Minefield — And Global Pushback

The proposal, however, runs headlong into international law. Under the UN Convention on the Law of the Sea, the Strait of Hormuz is considered an international waterway, meaning ships have the right to pass freely without interference or charges.

US Secretary of State Marco Rubio has already warned that any attempt to impose tolls would be “illegal” and “dangerous,” urging global powers to prepare a response.

Despite that, Iran appears undeterred. Lawmakers are reportedly drafting legislation to formalise a new “regime” governing access to the strait, while officials insist only “non-hostile” vessels will be allowed safe transit.

Shadow System Already Emerging

Signs suggest Tehran may already be testing the waters. Shipping data indicates some tankers are using routes closer to Iran’s coastline, with reports that certain operators may have quietly paid for safe passage.

While no companies have publicly confirmed such payments, industry insiders say a de facto system could already be taking shape — one driven by fear, uncertainty, and the sheer economic stakes involved.

The Islamic Revolutionary Guard Corps has also introduced a registration system for approved vessels, tightening control over who can pass and under what conditions.

A New Global Pressure Point

For Iran, heavily constrained by sanctions, the strategy offers a low-cost way to offset economic pain while exerting maximum pressure on its adversaries.

But for the rest of the world, it represents a dangerous escalation — one that risks turning a vital التجارة artery into a geopolitical chokehold.

With negotiations stalled and military tensions still high, the battle over the Strait of Hormuz is fast becoming the defining front in a conflict that is now as much about economics as it is about war.

SOURCE

 

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  • MIke B Bad
    MIke B Bad

    Interesting to see how the ultimate deal maker gets out of this one.

  • IsmeUno
    IsmeUno

    You mean your tariffs and the attack on Iran to gain control over it's oil under false pretences?

  • Houthis are gonna do it again! I think no one knows how to get out of this mess,created by one person and his cult of appeasers.

Posted Images

Nothing new. They were doing this previously. Houthis did it too.

  • Popular Post

Interesting to see how the ultimate deal maker gets out of this one.

Screenshot 2026-03-29 at 14.47.35.png

1 minute ago, Patong2021 said:

Nothing new. They were doing this previously. Houthis did it too.

Iran was charging for free passage previously?

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59 minutes ago, Social Media said:

US Secretary of State Marco Rubio has already warned that any attempt to impose tolls would be “illegal” and “dangerous,”

You mean your tariffs and the attack on Iran to gain control over it's oil under false pretences?

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4 minutes ago, MIke B Bad said:

Iran was charging for free passage previously?

The extortion was done in a different form.

The UN report from Oct. 2024 discussed the more obvious Houthi extortion in the Red Sea.

https://documents.un.org/doc/undoc/gen/n24/259/53/pdf/n2425953.pdf

This was copied from the previous Iranian strategy. Kuwait and Qatar have been targeted in the past. The UAE and KSA will not be bullied by Iran and won't pay, although some companies may.

Qatar's recent offer to transfer US$6 billion was nothing new in their approach to paying off terrorists. https://www.jfeed.com/middleeast/qatar-iran-bribe-deal

Qatar has been aiding and abetting Iran for years in exchange to not being attacked.

-Qatari network Al Jazeera refrained from covering the protests in Iran in 2009 and in 2022–2023; during the 2022 World Cup, Qatar acceded to Tehran’s requests to block opposition elements and to monitor them. It also provided minimal coverage of the recent slaughter of Iranian civilians by the government.

- Qatar's role in providing indirect financial support and diplomatic cover for Iran's proxies Hamas and Hezbollah has been established.

- In 2017, Saudi Arabia was forced to take diplomatic action against Qatari financed terrorism. In 2019 Qatar was accused of having prior knowledge of Iranian attacks on tankers and a fuel supply vessel near the port of Fujairah in the United Arab Emirates.Qatarplaces the profits from its shared gas field with Iran ahead of Arab solidarity.

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1 minute ago, IsmeUno said:

You mean your tariffs and the attack on Iran to gain control over it's oil under false pretences?

nope. US doesn't need iran's oil. Asia does.

  • Popular Post

There is really no need for the world to worry, or most of the world, at least.

Iran has made only FIVE Simple Demands:

image.png

After Iran receives reparations for damages done by Israeli bombing, then there will be no monetization of the Strait of Hormuz.

Just meet the demands, and we can all go in peace.

  • Popular Post
2 minutes ago, Patong2021 said:

nope. US doesn't need iran's oil. Asia does.

Did it need Venezuela's and Guyana's oil? Sure went to a lot of trouble. Both under a Trump administration.

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1 minute ago, IsmeUno said:

Did it need Venezuela's and Guyana's oil? Sure went to a lot of trouble. Both under a Trump administration.

When did the US government invade Guyana and seize its oil?

As much as I do not agee with the US intervention in Venezuela, it has been to the benefit of the Venezuelan people. The oil profits are now being returned to the Venezuelan government. Previously, they were routed through Qatar where large amounts were skimmed for the benefit of members of the Madura cabal. Revenue is no longer being used to prop up Cuba or South American rebel groups. And for the first time in decades, the transactions are transparent.

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3 minutes ago, Patong2021 said:

When did the US government invade Guyana and seize its oil?

They didn't need to do so. Easier to influence an election.

18 minutes ago, Patong2021 said:

-Qatari network Al Jazeera refrained from covering the protests in Iran in 2009 and in 2022–2023

Just like Radio Free Asia (RFA) - a (former) propaganda tool of the US State Dept - did when it refrained from covering the student uprisings in Thailand a few years ago.

  • Popular Post
48 minutes ago, Patong2021 said:

Nothing new. They were doing this previously. Houthis did it too.

Houthis are gonna do it again!

I think no one knows how to get out of this mess,created by one person and his cult of appeasers.

1 minute ago, ronnie50 said:

Just like Radio Free Asia (RFA) - a (former) propaganda tool of the US State Dept - did when it refrained from covering the student uprisings in Thailand a few years ago.

When did RFA support international terrorism or serve as the media arm of terrorist groups?

Just now, jvs said:

Houthis are gonna do it again!

I think no one knows how to get out of this mess,created by one person and his cult of appeasers.

Houthis are a proxy of Iran and do not control; all of Yemen. They can be managed easier by a few well placed missiles that takes out their leadership.

22 minutes ago, GammaGlobulin said:

There is really no need for the world to worry, or most of the world, at least.

Iran has made only FIVE Simple Demands:

After Iran receives reparations for damages done by Israeli bombing, then there will be no monetization of the Strait of Hormuz.

Just meet the demands, and we can all go in peace.

Saudi Arabia, UAE, Iraq and Kuwait do not agree.

5 minutes ago, Patong2021 said:

When did RFA support international terrorism or serve as the media arm of terrorist groups?

Ask yourself why DIDN'T RFA cover any of the Thai uprisings against the coup dictators?

Just now, ronnie50 said:

Ask yourself why DIDN'T RFA cover any of the Thai uprisings against the coup dictators?

I don't know. What I do know is that this is 2026 and Al Jazeera has been an enabler and mouthpiece for terrorists for the past decade. You should be happy that RFA no longer operates. I will settle for the same for Al Jazeera.

The Strait of Hormuz is indeed within Iran's territorial boundaries. Let's not forget, ships passsing through the Panama Canal have been paying for that priviledge for decades. So there is clearly precedence.

AI search:

The Panamanian government receives substantial financial compensation from tolls paid by ships passing through the Panama Canal, which has been under Panamanian control since 1999. While the U.S. government formerly paid fees, recent 2025 disputes saw conflicting claims over whether U.S. vessels now receive free transit.

CNN +4

  • Popular Post
36 minutes ago, IsmeUno said:

You mean your tariffs and the attack on Iran to gain control over it's oil under false pretences?

I agree entirely its beyond belief

Am afraid one sole individual has managed to absolutely destroy us with his lunacy

  • Popular Post

Ransoming other countries. Who could have inspired them? 😃?

  • Popular Post

what has the idiot trump done? is america going to pat reparations to the rest of the world for the damage this unnecessary war is doing to the world economies?

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1 hour ago, Patong2021 said:

Houthis are a proxy of Iran and do not control; all of Yemen. They can be managed easier by a few well placed missiles that takes out their leadership.

The label of 'proxy' is only a half-truth. While the Houthis cooperate with Iran on strategy and technology, they possess a distinct and fierce local agency. If defeating them were as simple as cutting a puppet’s strings, the Saudi-US-Israeli coalition would have succeeded years ago. Instead, there is a justified fear of what a 'headless' regime in Yemen can do to the Suez Canal.

When you compound the instability of the Red Sea with a blocked Strait of Hormuz, the global economy isn't just facing a dip—it’s facing a severe, unprecedented systemic shock. We are in that eerie moment of a tsunami where the tide has pulled back and everything looks deceptively calm on the surface. But tell that to the desperate fuel-hunters in Asia where the wave has already hit. It cannot be repeated enough: this was entirely avoidable. Israel’s pursuit of this war has invited this catastrophe, and the blame lies squarely at their door.

  • Popular Post
1 hour ago, jvs said:

Does not look like an easy country to take over but who is willing to try again?

The link i posted keeps disappearing,i will try like this again

Iran is proving much more resilient and smarter than anyone could have predicted except for every previous US President and every intel agency other than Mossad, and they know what would happen anyway and don't care.

https://archive.ph/gww1w

But a series of attacks against Israel and Gulf countries in the past several days is only the latest evidence that Iran retains enough missiles and drones to destabilize the region and inflict a punishing cost on its foes, while signaling that, contrary to Mr. Trump’s declarations, it is still very much in the fight.

Millions of Israelis are still rushing into bomb shelters day and night to take cover from Iranian missile fire. The daily routine of sirens and booms sows fear and paralysis. Seven people were injured in central Israel on Thursday after missile barrages, according to the country’s emergency service. Surveillance video captured footage of two people rushing out of harm’s way before a silver car they were standing near exploded then pinwheeled through the air. On Friday, a Tel Aviv man was killed by a bomblet from a missile with a cluster-munition warhead.

  • Popular Post
1 hour ago, Patong2021 said:

nope. US doesn't need iran's oil. Asia does.

The price of oil in the USA went above $100 a barrel, just like everywhere else.

Why does America import 50% of its oil from Canada?

I guess you were asleep in economics class when they talked about supply and demand.

21 minutes ago, Lacessit said:

The price of oil in the USA went above $100 a barrel, just like everywhere else.

Why does America import 50% of its oil from Canada?

I guess you were asleep in economics class when they talked about supply and demand.

It's a global market , priced in dollars and short of Trump nationalising the oil companies that's the way it will be.

payable in Yuan Renminbin to China... and Trump asked China for help opening the strait of Hormuz... on the other hand Putin is helping Iran as well and.... BTW Trump did remove sanctions on Russian oil thus helping Putin, how does Putin pay back, by stabbing Trump in the back but he said

A bit” is what United States President Donald Trump thinks about the scale of Russia’s military aid to Iran.

Moscow “might be helping them a bit”, he told Fox News on March 13.

How extensive is Russia’s military aid to Iran?

https://www.aljazeera.com/news/2026/3/27/how-extensive-is-russias-military-aid-to-iran

3 hours ago, Patong2021 said:

nope. US doesn't need iran's oil. Asia does.

Please understand that OIL IS FUNGIBLE....!!!

31 minutes ago, GammaGlobulin said:

Please understand that OIL IS FUNGIBLE....!!!

Not quite. There's a big difference in the refining process of heavy sour crude vs sweet light crude.

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