Iran to introduce mandatory 'maritime insurance' fees for Strait of Hormuz passage
World
May 17, 2026

Iran to introduce mandatory 'maritime insurance' fees for Strait of Hormuz passage

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B1 Pre-Intermediate
0:000:51

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Iran plans to start a new system for commercial ships travelling through the Strait of Hormuz. The new system will require cargo ships and tankers to pay mandatory service fees for using the waterway. Iran says these fees will help pay for regional security and emergency response services.

The exact date and details of the fee system have not been announced yet. Iran believes it must protect the area because many ships pass through. However, the United States and international groups say the plan could break international law.

The Strait of Hormuz is very important for global oil trade. About 20 percent of the world’s oil uses this route. Changes to the rules or costs might affect oil prices and international shipping. Experts are warning that the new fees could increase tensions in the region.

Vocabulary

6 words
Accent
mandatoryADJ/ˈmændətəri/

required by law or rules; not optional

regionalADJ/ˈriːdʒənəl/

relating to a specific geographic area

announcedV/əˈnaʊnst/

officially made something known in public

protectV/prəˈtɛkt/

to keep something or someone safe

internationalADJ/ˌɪntəˈnæʃənəl/

involving two or more countries

tensionsN/ˈtɛnʃənz/

feelings of fear or anger between groups

Ready to learn these 6 words?

About 8 minutes · 5 activities

Reading Quizzes

9 questions
Question 1 of 9
1 / 9

What is Iran planning to introduce for ships in the Strait of Hormuz?

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Great for IELTS, TOEFL, SAT, IB, A-Level and everyday English speaking practice.

Speaking Tasks

5 questions

Iran to introduce mandatory 'maritime insurance' fees for Strait of Hormuz passage

May 17, 2026~1 min read
Not sure? Take the level test →
B1 Pre-Intermediate
0:000:51

Follow spoken words in real time.

Iran plans to start a new system for commercial ships travelling through the Strait of Hormuz. The new system will require cargo ships and tankers to pay mandatory service fees for using the waterway. Iran says these fees will help pay for regional security and emergency response services.

The exact date and details of the fee system have not been announced yet. Iran believes it must protect the area because many ships pass through. However, the United States and international groups say the plan could break international law.

The Strait of Hormuz is very important for global oil trade. About 20 percent of the world’s oil uses this route. Changes to the rules or costs might affect oil prices and international shipping. Experts are warning that the new fees could increase tensions in the region.

Vocabulary

6 words
Accent
mandatoryADJ/ˈmændətəri/

required by law or rules; not optional

regionalADJ/ˈriːdʒənəl/

relating to a specific geographic area

announcedV/əˈnaʊnst/

officially made something known in public

protectV/prəˈtɛkt/

to keep something or someone safe

internationalADJ/ˌɪntəˈnæʃənəl/

involving two or more countries

tensionsN/ˈtɛnʃənz/

feelings of fear or anger between groups

Ready to learn these 6 words?

About 8 minutes · 5 activities

Reading Quizzes

9 questions
Question 1 of 9
1 / 9

What is Iran planning to introduce for ships in the Strait of Hormuz?

Choose an answer to continue

Great for IELTS, TOEFL, SAT, IB, A-Level and everyday English speaking practice.

Speaking Tasks

5 questions