Strait of Hormuz: “If this goes through, the rules of world trade will change”


Christian Schultheiss has been researching international maritime law, conflict resolution and maritime policy for twelve years. He works as a speaker at the Max Planck Institute for Comparative Public Law and International Law.

THE TIME: In the negotiations for a lasting peace, the Iranian government has introduced the demand to charge a fee of two million dollars for every ship that Strait of Hormuz happened. This could raise more than 8 billion euros per month. That sounds like a lucrative business model for the mullahs’ regime.

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