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

Iran Chris Wright Strait of Hormuz IMO Tehran

Vessels sail at Suru Beach in Bandar Abbas along the Strait of Hormuz. (Credit: 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.

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