Middle East Business Politics

Strait of Hormuz toll booth proposal

Strait of Hormuz toll booth proposal

The plan has been met with immediate resistance from the UK and other international partners, who argue that the laws of the sea prevent any nation from charging for passage through an international transit route.

US President Trump has suggested a 'joint venture' approach to the waterway, though details remain vague and conflicting.

Iran's Revolutionary Guard has already used the threat of sea mines to enforce a conditional closure of the strait, effectively holding global energy supplies hostage.

This impasse over maritime control is expected to be the primary obstacle in the upcoming talks in Islamabad.