New peace talks have begun amid rising tensions between the United States and Iran over control of the Hormuz Strait, a vital route for global oil and gas shipments. As part of a ten-point peace proposal, Iran has introduced a plan to charge up to two million dollars per vessel passing through the strait, claiming the funds will be used for reconstruction. Some ships have already been charged at least one dollar per barrel, resulting in about two million dollars per transit.

The initiative directly conflicts with international maritime law under the United Nations Convention on the Law of the Sea, which prohibits imposing fees or restrictions on major waterways. Although neither Iran nor the United States has signed the convention, Washington has rejected Tehran’s claim of control. Analysts estimate that a one-dollar increase per barrel could add twenty million dollars in daily costs, raising expenses for shipping, insurance, and crew wages.

Experts warn that the plan could disrupt global energy supply and market stability. The International Energy Agency has described the situation as one of the largest energy crises in history, with potential long-term economic impacts if tensions persist.