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For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.
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Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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Oil markets reel as President Trump revives his naval blockade in the Strait of Hormuz and demands a 20% toll charge.
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Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
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After several days of strikes, the president notified Congress that fighting had begun again and announced shipping fees that his administration previously deemed illegal.
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President Donald Trump's plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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President Trump said the United States could collect tolls or fees, despite Vice President JD Vance and Secretary of State Marco Rubio saying no country could do so.
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