Why Egypt and Panama Have Strait Tolls
Iran has imposed fees of up to two million dollars for ships passing through the Strait of Hormuz, creating an obstacle to efforts to reopen the strait for international navigation. This move has been met with rejection from global shipping companies, while the United States, China, and Gulf countries view it as a form of maritime extortion that conflicts with international laws guaranteeing freedom of passage through international straits. This development poses additional challenges for the peace talks between Washington and Tehran regarding the reopening of the strait to commercial vessels.
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