Brief by Shorts91 Newsdesk / 02:08pm on 19 Mar 2026,Thursday International
Iran is considering imposing tolls on ships passing through the strategically vital Strait of Hormuz, aiming to leverage its control over a route that carries nearly 20% of global oil and gas. The proposal comes amid the ongoing conflict with the US and Israel, during which Iran has already disrupted maritime traffic and selectively restricted vessels linked to adversaries. Officials suggest the move could target countries that have imposed sanctions on Iran, using economic pressure as a geopolitical tool. The development raises concerns over higher shipping costs, further supply disruptions, and a potential spike in global energy prices. (PC: X)
