Joint U.S.-Iran control over Strait of Hormuz?

On Wednesday, President Trump commented that he was considering an agreement that allows Iran to charge ships for passage through the Strait of Hormuz. His proposal sparked outrage in Europe. French Foreign Minister Jean-Noël Barrot called it “unacceptable” and “illegal.” Greek Prime Minister Kyriakos Mitsotakis also called it unacceptable. The dispute over the strait further reveals the importance of global shipping and the outsize power Iran has due to its willingness to terrorize it, and it intensifies the worsening split between the U.S. and Europe.