Shipowners Warn Against Strait of Hormuz Tolls, Citing Global Economic Impact
Eight major shipping associations have urged the United Nations to oppose the imposition of tolls in the Strait of Hormuz, as Iran and Oman consider a deal to manage the waterway. The groups argue that such tolls would violate international norms and harm the global economy by increasing energy prices and inflation. The letter to UN Secretary-General Antonio Guterres and International Maritime Organization Secretary-General Arsenio Dominguez emphasizes the importance of preserving freedom of navigation. The potential tolls could set a precedent affecting international maritime governance. 
