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  • Hormuz power play: Iran's proposed 7% shipping toll could unlock $100 billion a year

    08/06/2026 9:11:07 AM PDT · by MinorityRepublican · 41 replies
    Business Today ^ | August 6, 2026 | https://www.businesstoday.in/world/story/hormuz-power-play-irans-proposed-7-shipping-toll-could-unlo
    According to various reports, Iran is pushing for a transit fee of between 5% and 7% of the cargo's value, while Oman has reportedly proposed a lower 3% toll. The Strait of Hormuz has long been one of the world's most strategically sensitive maritime chokepoints. Now, reports suggest Iran wants to transform it into one of the planet's most lucrative revenue streams by charging commercial vessels a transit fee worth up to 7% of the value of their cargo — a move that could reshape global shipping economics and intensify geopolitical tensions in West Asia. According to a Reuters report,...