6/17
There is an older historical parallel too. I wrote a while ago about the Danish Sound Dues, when Denmark effectively taxed access to the Baltic because geography allowed it to control the route.
The eventual international response was to dismantle that system, not merely reduce the charge.
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The Persian Gulf Strait Authority: A Toll Booth Nobody Can Use? | Ash Oro
The Strait of Hormuz has spent decades being discussed in binary terms: open or closed.
The emergence of the Persian Gulf Strait Authority suggests that may no longer be the most useful way to think ...