Iran is considering implementing fees for safety, security, and environmental services in the Strait of Hormuz, potentially generating $40 billion annually. This initiative, reported by The Wall Street Journal, aims to provide Tehran with new revenue streams and control over the strategic waterway. Iranian officials are drawing inspiration from global models, such as Turkey's Dardanelles Strait tax, and are seeking support from Middle Eastern and other international partners. Iranian Parliament Speaker Qalibaf emphasized the need for a new management approach during discussions in Oman.