Iran proposes tolls for Strait of Hormuz, sparking international opposition

Iran has announced a proposal to collect tolls from ships passing through the Strait of Hormuz, a critical waterway for global oil shipments. The country also stated it would provide an alternative route for vessels.

Several countries and organizations have rejected the idea. Oman stated no fees can be imposed on transit through the strait, and the proposal has been called a violation of international trade norms. President Donald Trump, however, made comments suggesting he viewed a potential 'joint venture' with Iran on toll collection as 'a beautiful thing,' a stance at odds with the broader international reaction.