Trump proposed imposing tolls on the Strait of Hormuz under the guise of charging OPEC countries for US military protection, claiming the US would extract 20% of the value of oil exports as toll revenue, representing an explicit violation of international law of the sea that prohibits tolls on international waters except for grandfathered cases.

factualpending

Speaker

Michael Hudson

Evidence Quote

there are going to be tolls in the Strait of Hormuz. Forget international law about no tolls being allowed to be imposed on international waters. There are going to be tolls. We will get them, not Iran...We will get 20% of the oil export proceeds of the Arab countries who export this oil.

Source

Michael Hudson: The U.S. Plan to Revive Geoeconomic DominanceGlenn Diesen
Created: 8/12/2026, 5:57:21 PM

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