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Former National Security Advisor Calls Iran’s $40 Billion Hormuz Toll Threat a “Blackmail Scheme” Against the Free Flow of Energy

Analysts say Oman's vague talks could reshape shipping costs and insurance for a waterway that carries about 20% of the world’s oil.

Summary by 247wallst.com
Former deputy national security advisor Victoria Coates used a July 2 appearance on Fox Business’s Kudlow, guest-hosted by David Asman, to frame Iran’s proposed toll on tanker traffic transiting the Strait of Hormuz as maritime extortion rather than a legitimate revenue policy. Her core argument is that the Strait’s reopening has already delivered real economic ... Former National Security Advisor Calls Iran’s $40 Billion Hormuz Toll Threat a “B…

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Crypto Briefing broke the news on Thursday, July 2, 2026.
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