A tense standoff has emerged over the Strait of Hormuz, a vital global oil shipping route, as President Donald Trump repeatedly warns Iran against charging tolls to tankers passing through the waterway.
Trump has accused Iran of doing a 'very poor job' of allowing oil to flow and has floated the idea of a US-Iran 'joint venture' to manage or tax shipping, a move that has drawn criticism from international bodies and legal experts. The situation unfolds amid a fragile ceasefire in the broader US-Iran conflict, with over 300 ships reportedly waiting for passage and global energy markets on edge. The debate over tolls has sparked outrage, with concerns about setting a dangerous precedent and undermining international maritime law.
As talks loom, the reopening of the Strait remains a key condition for peace, with Trump insisting that oil will flow 'with or without Iran.'
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