Former JAG officer: Strait of Hormuz toll would be ‘illegal’
The Hill
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A former judge advocate general (JAG) officer said on Wednesday that Iran’s proposed tax on oil-carrying ships traveling through the Strait of Hormuz is “illegal.” Tehran set a new toll rate of the cryptocurrency equivalent of $1 per barrel of oil during the two-week ceasefire with the U.S., which began on Wednesday.
President Trump said…
Hormuz Standoff Amid Ceasefire
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North Sea oil prices hit record high as Iran keeps hold over Hormuz
Financial Times —
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'Huge' Win for Iran If Holds Strait: Handjani
Bloomberg —
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Hormuz Traffic Still Blocked as Only Iran-Linked Ships Cross
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Strait of Hormuz shipping traffic is effectively at a standstill despite Iran ceasefire
NBC News —
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Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin
Fortune —