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Can Iran Really Impose Tolls on Strait of Hormuz Passage?

Iran believes it has won the war by asserting its control over the Strait of Hormuz.Shutterstock

Tehran Cannot Legally Redefine Freedom of Navigation Through International WatersIran proposes collecting tolls or fees from ships passing through the Strait of Hormuz to generate up to $40 billion annually. According to discussions among Iran, Oman, and other regional players, Tehran has suggested charging for “security, safety, and environmental services.” The Iranian …

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ConocoPhillips and the Remaking of Syria’s Energy Industry

The company logo on the world headquarters of ConocoPhillips in Houston, Texas.Shutterstock

The Company Carries Influence Since It Would Bring a U.S. Major Into a Sector That Washington Has Viewed as Off-Limits ConocoPhillips’s reported plan to sign a contract with Syria’s transitional government would be a significant step in Syria’s return to international energy markets. If finalized, this deal would make ConocoPhillips the …

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