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Story summary
- Iran leverages control of the Strait of Hormuz to press for sovereignty in negotiations to end the war with the United States and Israel.
- Experts say Iran could charge vessel tolls, generating significant revenue potentially rivaling the Suez Canal.
- International law generally prohibits fees in international straits, creating legal tension with Iran's plan.
- The Islamic Revolutionary Guard Corps has begun a registration system for approved vessels to monetize the waterway.
