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Briefing: Iran sets up 'tollbooth' in Strait of Hormuz for ships seeking safe passage

Strategic angle: Iran begins collecting tolls from ships in the Strait of Hormuz amidst rising tensions and fluctuating oil prices.

Editorial Staff · 2026-04-02 · 1 MIN READ

Oil prices rose following US President Trump's warning to Iran.

Stocks fell in response to geopolitical tensions.

The tollbooth initiative aims to regulate maritime traffic.