India, Pakistan, Iraq, Malaysia and China are in direct negotiations with Tehran for bilateral transit arrangements through the strait of Hormuz, following Japan's grant of passage on 21 March 1. China and India are the world's largest and third-largest crude importers. Iraq is OPEC's second-largest producer and exports through the strait. Each is negotiating separately with Iranian intermediaries, not as a bloc.
The mechanism is the IRGC's toll system. Lloyd's List Intelligence documented 89 to 90 vessels transiting under IRGC clearance between 1 and 15 March, with fees reaching $2 million per passage 2. Ships submit ownership details, cargo manifests, crew nationalities and destination ports through Iran-affiliated intermediaries operating outside Iran. Payments are accepted in cash or cryptocurrency. An Iranian lawmaker confirmed the fee collection to Anadolu Agency 3. Charter rates have quadrupled to $800,000 per day; war-risk premiums on very large crude carriers run between $3.6 million and $6 million per voyage 4.
The result is a two-tier global shipping order. Nations aligned with Washington face a de facto embargo. Non-aligned nations pay Iran for access. Twenty-two countries signed a joint statement demanding reopening ; none committed warships. Every ally Trump named for a Hormuz escort coalition formally refused . That gap between declaratory and operational policy gives Tehran space to entrench the toll system as a standing institution rather than a wartime improvisation.
During the 1980–88 Tanker War, both Iran and Iraq attacked commercial shipping indiscriminately. The US responded with Operation Earnest Will, reflagging Kuwaiti tankers under the American flag and escorting them through the strait. Neither belligerent attempted selective access — the concept of granting passage to some nations while denying others did not arise. Tehran's current system is structurally different. It converts military control into differentiated commercial leverage, compelling each government to weigh its relationship with Washington against the price of energy disruption — and to do so alone.
