A report by Foreign Affairs estimates Iran could generate about $80 billion annually from the Strait of Hormuz, based on charges such as $5 per barrel of oil, 20 cents per thousand cubic feet of gas, $25 per ton of sulfur, and $30 per ton of urea. Th

2026-05-04

A report by Foreign Affairs estimates Iran could generate about $80 billion annually from the Strait of Hormuz, based on charges such as $5 per barrel of oil, 20 cents per thousand cubic feet of gas, $25 per ton of sulfur, and $30 per ton of urea. The publication also said the era of “maximum pressure” has ended.