Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream

Iran's demand for a high fee on the Strait of Hormuz, which could generate billions annually, is considered 'pure extortion' by experts because it would not be accepted by the U.S. or Iran’s Gulf neighbors. Analysts predict that despite this threat, global energy markets and the Middle East face permanent changes due to an ongoing geopolitical stalemate. The article notes that legally imposing such a toll violates international maritime law.