IMO Rules Hormuz Transit Tolls Illegal, Proposes Voluntary Fund Alternative
π’ HORMUZ β Iran's toll scheme just got an international legal verdict. π LOOK CLOSER: IMO declaring Hormuz transit fees illegal strips Iran's legal cover for its Strait Authority β but changes nothing on the water. The voluntary fund is a diplomatic offramp: Tehran saves face, insurers get a framework. The shift: Washington can now use the IMO ruling as Doha leverage, or Iran simply rebrands the toll as 'voluntary' and keeps collecting.