Iran Hormuz ‘toll booth’: Legally risky route for shippers

LONDON – Here are the latest facts about Iran’s control of the Strait of Hormuz, a crucial trade waterway virtually closed off by its forces in the Middle East war. A fifth of the world’s oil and liquefied natural gas passed through the strait in peacetime – before the United States and Israel launched strikes on Iran on Feb 28, prompting it to retaliate across the region. How are ships crossing? Maritime trackers indicate that a handful of vessels are still crossing daily through the strait, which is guarded by Iran’s Revolutionary Guard Corps (IRGC) – most of them leaving…