Iran tolls to transit Strait of Hormuz could set precedent for chokepoints: panel

If Iran collects tolls on vessels for safe passage through the Strait of Hormuz amid the US/Israel-Iran war, countries or groups with the potential to control other critical energy chokepoints could consider similar moves, panelists at a shipowners forum in Houston said May 5. Michael Kaye, US lead of law firm Squire Patton Boggs’ commodities and shipping group, said his firm had advised itsIf Iran collects tolls on vessels for safe passage through the Strait of Hormuz amid the US/Israel-Iran war, countries or groups with the potential to control other critical energy chokepoints could consider similar moves, panelists at a shipowners forum in Houston said May 5. Michael Kaye, US lead of law firm Squire Patton Boggs’ commodities and shipping group, said his firm had advised itsRead More