1 of 1
Story summary
- Iran sustains its war economy by gaining control of the Strait of Hormuz and charging ships for passage, potentially benefiting the Islamic Revolutionary Guard Corps.
- U.S. President Donald Trump claimed victory and said tolls would apply to passage.
- His administration's withdrawal from ensuring safe passage raises concerns about global shipping security.
- Analysts warn that making tolls standard could usher in a more dangerous, costly era for international maritime trade.
