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Strait of Hormuz

Iran Calls for 'Protection Fees' on Internet Cables in Strait of Hormuz

Iranian media outlets affiliated with the Revolutionary Guards (IRGC) have called for imposing "protection" payments on the undersea fiber optic cables that pass through the Strait of Hormuz. The Iranian Tasnim news agency claimed that the cables carry more than $10 trillion in American financial transactions every day, including SWIFT system orders, stock market transactions, and money transfers. Tehran asserts that any disruption to the cables could cause widespread paralysis of the internet and the global digital economy.

The proposal emerged on Sunday, May 10, following days of escalating maritime confrontation between Iranian and United States forces in the strategic waterway. The naval arm of the IRGC declared on Saturday, May 9, that any aggression directed against Iranian oil tankers or commercial shipping would trigger a massive retaliatory strike, explicitly targeting US regional military centers and what Tehran characterizes as "enemy" vessels. Recent days have seen US forces engaging and disabling multiple Iranian-flagged tankers and cargo ships attempting to bypass the American naval blockade.

The current crisis traces back to February 28, when Iran initiated a restrictive transit policy in the waterway in retaliation for joint US-Israeli strikes on Iran. Since that time, the United States has countered with a comprehensive naval blockade, effectively severing maritime access to and from Iranian ports. The IRGC Aerospace Division simultaneously announced that its arsenal of missiles and drones has locked onto US regional targets and the "aggressive enemy" fleet operating in the Persian Gulf and is "awaiting the order to fire." Despite the open threats, indirect talks between the two governments remain ongoing.

(INN/VFI News)

“Some trust in chariots, and some in horses; But we will remember the name of the Lord our God.” – Psalm 20:7