IRAN TOLLS

Apr 09 2026POLITICS

Why charging ships to cross the Hormuz Strait could backfire badly

Global trade relies heavily on the Strait of Hormuz—a narrow waterway where about one-fifth of the world’s oil and gas passes through every day. Right now, ships move freely without paying fees. But Iran has floated the idea of imposing tolls on vessels passing through, a move that could shake up ho

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