Hormuz in flux as Iran-US talks weigh tolls on ships

1 min read
Source: AP News
Hormuz in flux as Iran-US talks weigh tolls on ships
Photo: AP News
TL;DR

Negotiations between Iran and the United States over a potential toll scheme in the Strait of Hormuz leave the future of shipping fees unsettled: Tehran has floated tolls on vessels passing through the waterway, while the U.S. has sanctioned the authority behind such plans. Maritime-law experts say levying fees on transit could violate international law absent multilateral agreement, so the outcome depends on the negotiations and any new geopolitical assurances during the ongoing talks.

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