Iranian lawmaker says parliament is mulling passing a bill that would impose toll and tax on ships seeking safe passage in the Strait of Hormuz, ISNA reported

This news underscores a potential escalation in geopolitical tensions in a crucial shipping lane. Imposing a toll on vessels could disrupt trade routes and heighten risks, particularly for oil supply, which may affect market pricing and sentiment across commodities and currencies associated with the region. Watch for immediate reactions in oil prices and risk assets as traders reassess the implications of increased maritime costs and potential retaliation from affected nations.