Hormuz Tolls and Global Energy

UN watchdog chief stated that the world should reject any attempts by Iran to monetize access to the global shipping channel.

During the Islamabad talks, the US demanded the immediate reopening of the strait to all traffic, but Iran insisted on maintaining control until a final peace deal is reached.

The ongoing restrictions have forced several supertankers to make last-minute U-turns, further disrupting global energy supplies.

The standoff has highlighted the vulnerability of maritime trade routes to regional geopolitical conflicts.