Iran’s Hormuz Tolls Would Set a Dangerous Precedent, IMO Says

Allowing Iran to charge tolls for transit through the Strait of Hormuz would mark a dangerous and unacceptable precedent, according to the head of the world’s main shipping watchdog.

Iran charged vessels for passage through the waterway that handles for about a fifth of the world’s oil and natural gas flows during the conflict. Iranian control over the Strait of Hormuz – which has included tolls – was one of Tehran’s conditions for the ceasefire, according to state media.