Fees for passage through the strait are likely inevitable.

Iran and the U.S. are nearly halfway through the 60-day period to end the war, but renewed attacks raise fears about whether that will actually happen.

A focal point of the Iran war is increasingly about who controls the Strait of Hormuz — a narrow, elbow-shaped waterway that for decades was a relatively safe and reliable

Iran proposed lower transit fees for the Strait of Hormuz, boosting odds for charging fees by August 31 to 47.5% YES.

Donald Trump has borrowed from Tehran’s playbook and said the US now controls the waterway and will charge fees to ships for safe passage.

Fees for passage through the strait are likely inevitable.