# Shipping Costs

The End of Free Transit: How Geopolitical Tensions are Redefining the Economics of Global Chokepoints

Iran and Oman are proposing a permanent toll system for the Strait of Hormuz, potentially setting a precedent that transforms international straits from free-transit zones into revenue-generating sovereign assets. This move exploits legal loopholes in maritime law and could inspire similar levies in other critical chokepoints like the Bab-el-Mandeb.