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Hormuz Strait Toll Could Spike Global Energy Costs

A Strait of Hormuz "toll" would pose major economic and geopolitical risks, experts say

CBS News2026.04.10Updated 15h ago
A Strait of Hormuz "toll" would pose major economic and geopolitical risks, experts say

Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.

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Energy experts warn that Iran charging ships for safe passage through the Strait of Hormuz would dramatically increase global energy costs and create major geopolitical risks. The controversial "toll" proposal could destabilize international trade and disrupt oil markets worldwide. Industry analysts say the move would have far-reaching economic consequences beyond the region.

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