Iran Reportedly Estimates It Could Get $40 Billion a Year From Management Of Hormuz Strait

Source: International Business Times

Vessels sail at Suru Beach in Bandar Abbas along the Strait of Hormuz. AMIRHOSSEIN KHORGOOEI / ISNA / AFP via Getty Images/AFP Iran estimates it could make $40 billion a year from managing shipping through the Strait of Hormuz, according to a new report. Citing Iranian officials familiar with the matter, The Wall Street Journal detailed that, if implemented, the plan would be a significant windfall for the regime as it would provide a source of income it did not have before the war.