7 Things

7 Things

The Strait Joint Venture

Iran tolls Hormuz. Trump wants in. Welcome to the new Middle Ages.

Adrian Monck's avatar
Adrian Monck
Apr 09, 2026
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Grüezi!

  • For four hundred years, the liberal international order has been built on a specific project: abolishing tolls at maritime chokepoints.

  • The Sound Dues, the Rhine castles, the Ottoman Dardanelles – each was bought out, bombed out, or legislated away. That project is now running in reverse.

  • Iran’s imposition of a $1-per-barrel toll on tankers transi…

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