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World News March 31, 2026

Iran moves to charge Strait of Hormuz traffic as US, Israel escalate pressure

Iran plans to impose transit fees on ships passing through the Strait of Hormuz amid escalating US and Israeli military pressure, raising global energy concerns.
The conflict, now in its 31st day, has seen Iran’s parliament advance a bill to charge vessels and bar those linked to the US and Israel, while Washington warned it could destroy Iran’s oil infrastructure if no deal is reached.
Israel has struck around 170 Iranian military-industrial sites, shifting toward economic targets, while Iran’s Revolutionary Guard attacked US- and Israeli-linked facilities in the region and shot down two MQ-9 drones.
The Strait of Hormuz, handling one-fifth of global seaborne oil trade, would see Iran reinforce control and coordinate with Oman under the proposed bill, potentially pushing oil prices higher. The US warned of “serious consequences” if access is restricted.
Diplomatic signals remain mixed, with Trump hinting at a deal by April 6, while Iran denied direct negotiations. The US is also considering deploying 10,000 additional troops, likely targeting Kharg Island or the strait, though experts warn this could prolong the conflict.
Credit : CGTN

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