Iran's Parliament has approved a draft bill to impose a $2 million toll on ships passing through the Strait of Hormuz, a vital route for global oil shipments. This decision comes as a fragile ceasefire with the United States is in place. However, international maritime law, particularly the United Nations Convention on the Law of the Sea (UNCLOS), explicitly prohibits charging fees for transit passage in natural straits like Hormuz. Legal experts caution that Iran's attempt to enforce such a toll could violate the principle of non-discriminatory access and provoke strong reactions from major trading nations. The Strait of Hormuz is shared with Oman and is critical for nearly 20% of the world’s oil shipments. Implementing a toll would require Iran to monitor this busy waterway closely, risking confrontation with naval powers and potentially disrupting global energy supplies. Analysts view this proposal more as a strategic pressure tactic than a genuine economic policy, as any threat to Hormuz can trigger immediate market reactions, increasing shipping costs and naval deployments.