The Strait of Hormuz is ‘open’ — but it’s mined, half-empty, and subject to tolls both sides say they might charge

Tensions are escalating around the Strait of Hormuz, a vital global oil route, as Iran and the U.S. consider levying tolls on ships transiting the area, despite claims that such actions breach international law. Mines in the strait further heighten the risks for maritime traffic, while the water level has dropped significantly, complicating navigation. This situation underscores the precarious nature of global oil supply and the potential for heightened conflict in a critical maritime corridor.