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UN Shipping Agency Rejects Mandatory Tolls for International Straits

Nikunj Parikh - Mumbai Bureau Jul 13, 2026 1,800 Views
UN Shipping Agency Rejects Mandatory Tolls for International Straits
The United Nations' shipping agency (IMO) has rejected the legal basis for implementing mandatory transit tolls in international waterways like the Strait of Hormuz. The announcement counters recent proposals by U.S. President Donald Trump for a 20% cargo security fee, preserving freedom-of-navigation laws amid ongoing maritime volatility.

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