Iran Hormuz ‘toll booth’: Legally risky route for shippers
March 25, 2026
LONDON – Here are the latest facts about Iran’s control of the Strait of Hormuz, a crucial trade waterway virtually closed off by its forces in the Middle East war.
A fifth of the world’s oil and liquefied natural gas passed through the strait in peacetime – before the United States and Israel launched strikes on Iran on Feb 28, prompting it to retaliate across the region.…
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