IMO says Hormuz should remain free of tolls

The International Maritime Organisation is advocating for the Strait of Hormuz to stay free from tolls and charges, emphasizing that there's no legal basis for such fees according to international law. This stance is significant because the Strait of Hormuz is a critical global waterway, accounting for about 20% of the world's oil supply. The IMO's position aims to maintain the free flow of maritime trade, which is crucial for global economic stability and the uninterrupted movement of goods. This move could impact geopolitical tensions in the region, as tolls could be seen as a form of control or leverage over international shipping routes.