The Strait Joint Venture
Iran tolls Hormuz. Trump wants in. Welcome to the new Middle Ages.
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…




