Iran plans tolls for vessels in Strait of Hormuz amid US tensions

View: Hormuz limbo is now global oil’s top risk

Amena’s viewMore than 170 days into the war between the US and Iran, one thing has become clear: Tehran is not prepared to let go of its leverage in the Strait of Hormuz. President Donald Trump may claim that the US controls the waterway, but oil flows remain far below prewar levels and even further from anything resembling consistency. While the lack of transparency about the status of the strait is a concern, the bigger risk is that uncertaint…

Hormuz: tolls and fees must be resisted | The Australian Naval Institute

By Donald R Rothwell* Two irrefutable fundamentals exist in the Strait of Hormuz which are colliding with a core tenet of the global rules-based international order. Geography and Iran’s resilience are now in competition with the freedom of navigation. (From: The Interpreter. The Lowy Institute.) No matter the outcome of the war, Iran’s coastal geography […]

Freedom of the Seas Is Dead’: Hormuz Toll Threat Sparks Fears of a Global Shipping Crisis

The growing prospect of Iran imposing charges on vessels using the Strait of Hormuz is fueling fears that a major principle of international maritime commerce could be permanently weakened. Energy and geopolitical analysts warn that if Tehran succeeds in establishing a tolling system, other countries controlling strategically important waterways could seek to follow suit. The potential consequences could extend from the Strait of Malacca and Str…

Iran plans tolls for vessels in Strait of Hormuz amid US tensions

Iran's toll plan for the Strait of Hormuz could disrupt global trade, elevate energy costs, and reshape maritime economic strategies. The post Iran plans tolls for vessels in Strait of Hormuz amid US tensions appeared first on Crypto Briefing .