Last Updated: October 21, 2026

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  • Tag: monetise transit

    Chokepoints Emerging as New Hurdle for Global Trade

    After Iran demonstrated that it can exploit its geographical advantage to use the Strait of Hormuz as a chokepoint and monetise transit through the narrow waterway by charging a fee on ships, the trend appears to be spreading, with Indonesia sending a signal that it is contemplating similar steps to raise revenue from the Strait.