No Longer Off Limits, the Strait of Hormuz Remains Thorny Politically

Even after a cease-fire, Iran is keeping a chokehold on traffic, forcing countries to cut deals that could put them at odds with the U.S.

By Mark Landler

Controlled movement, crypto tolls: Strait of Hormuz under new order — what has changed

Global energy flows are severely restricted through the Strait of Hormuz following a fragile ceasefire. Iran has imposed a strict 15-vessel daily limit, demanding prior approval and rerouting ships closer to its coast. This controlled transit, coupled with threat warnings and potential crypto tolls, creates significant uncertainty and delays for vital oil and gas supplies.

By TOI BUSINESS DESK

Why Egypt Can Charge Fee In Suez Canal, But Iran's Hormuz Fee Is Illegal

The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.