Iran is weighing a proposal to charge fees for undersea internet cables passing through the Strait of Hormuz. The plan could also limit cable repairs to Iranian companies only.
The move targets vital links that carry global data traffic, including services such as WhatsApp chats, Instagram reels, Amazon deliveries and Netflix streams. Officials are discussing the fees amid ongoing tensions with the United States and Israel, where a fragile ceasefire currently holds.
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Iran has claimed the Strait of Hormuz is closed after a surge of attacks on commercial vessels since late February, while the U.S. military says it destroyed Iranian mine-laying boats near the vital oil chokepoint—an escalation that has heightened fears of prolonged disruption to energy and trade flows.
One day after announcing the Strait open during a fragile ceasefire, Iran has reimposed strict military control over the Strait of Hormuz, prioritizing passage for vessels that pay fees while delaying others. Officials cited repeated US breaches of trust, including an ongoing blockade of Iranian ports.
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The United States warned shipping companies they could face sanctions for payments to Iran to pass through the Strait of Hormuz. The alert heightens pressure amid the US-Iran standoff over control of the vital waterway. South Korea's foreign minister urged safe navigation in a call with his Iranian counterpart.
Iran returned the Strait of Hormuz to full military control on Saturday, just a day after announcing its reopening to commercial traffic during a U.S.-Iran ceasefire. The rapid reversal came amid persistent U.S. naval restrictions and low actual transits, heightening tensions in the key energy corridor.
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In the ongoing Strait of Hormuz crisis, now in its fourth week since Iran's March blockade, US President Donald Trump has ordered the Navy to impose a counter-blockade after peace talks collapsed in Islamabad, Pakistan. Global oil prices hit $103 per barrel, raising fuel shortage alarms in Kenya ahead of a key price review.
Iran's forces attacked three commercial ships in the Strait of Hormuz on Wednesday, hours after President Trump extended a ceasefire with Iran while maintaining a U.S. naval blockade. The incidents have jeopardized peace talks, with Iranian officials calling the blockade a violation. No injuries were reported, but one vessel suffered heavy damage.
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Iran warned on Sunday it would target energy and water systems of Gulf neighbors if US President Donald Trump strikes its power plants, following his 48-hour ultimatum to reopen the Strait of Hormuz. The threat escalates a three-week-old conflict that began on February 28. Markets brace for further turmoil as the deadline approaches.