Monetising the Chokepoint: The Geopolitical and Economic Consequences of Iran and Oman’s Strait of Hormuz Toll Regime

In this paper, we discuss:

• How Iran and Oman plan to introduce maritime service fees in the Strait of Hormuz;
• Why Iran is seeking to monetise its strategic control over a critical energy chokepoint;
• How transit fees could raise global oil and LNG prices;
• How international maritime law and Western sanctions could constrain its implementation.

Download PDF: Monetising the Chokepoint – October 2026