Iran Takes a Break From Strait Toll Plan—But Keeps the Option Open

Iran announced it won't charge fees for ships passing through the Hormuz Strait for the next 60 days. But here's what matters: Iran says it still has the right to start charging whenever it wants. The strait carries a fifth of the world's oil by sea. When the 60 days end, Iran will either back down or impose fees—a move likely to spark international disputes and military tension.