60 countries have jointly voiced their opposition to toll charges in the Strait of Hormuz. In addition to the 27 EU countries, the UK, Japan, Australia, and even Oman on the other side of the strait are on the list. These countries are unwilling to accept Iran’s long-term toll charges because the extra costs for oil and goods passing through the strait ultimately fall on businesses and consumers. If Hormuz can do this, other key straits might follow suit. This issue affects the interests of all countries, so even with differing stances on war, they can unite in opposition. For Iran, trying to get other countries to accept its long-term toll charges in negotiations will face more resistance. Shipowners making temporary payments for safe passage doesn’t mean governments recognize Iran’s right to charge indefinitely. Oman’s support for the statement at least shows that Iran’s toll claims haven’t gained backing from the other side of the strait. If Iran insists on charging, countries might continue negotiations or escalate sanctions, freezing the assets of those involved in the toll collection and banning related payments. The EU has already sanctioned Iranian individuals and entities involved in toll collection and navigation restrictions, prohibiting companies and banks under EU jurisdiction from providing funds to these sanctioned parties. If other countries follow suit, it will become even harder for Iran to collect fees. If Iran still insists on “no payment, no passage,” shipping companies might choose to halt operations and wait, or some shipowners might pay to minimize losses, as long as it doesn’t violate applicable sanctions. Without guaranteed safety for vessels, a statement opposing toll charges alone won’t reassure shipowners enough to pass through. Countries could negotiate to get Iran to stop charging or consider strengthening escort measures. If warships protecting merchant ships are intercepted or even attacked by Iran, it could lead to conflict. This would require separate decisions from countries, as supporting the statement doesn’t mean agreeing to engage in war. Without follow-up actions, Iran might continue charging, but it would face opposition from more countries and the risk of further sanctions. A @Gate, trade more markets.