SecurityFortuneabout 5 hours ago
Strait of Hormuz tolls emerge as war solution
6 min read
Options for the Strait of Hormuz are coalescing around a toll system as the U.S.-Iran war continues. Oxford Economics argues tolls could net Iran and Oman $6.8 billion a year. Iran and Oman have both proposed charges, with Iran implying a $2 million per-ship fee for Very Large Crude Carriers.
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