Oil at $105, Up 40% — Iran Drafting Hormuz Toll Legislation

Brent at ~$105. Iran is drafting legislation to impose tolls on Hormuz shipping — converting a military blockade into permanent revenue. LNG prices up 143% in Asia. Pakistan and India seeking alternatives. Some countries rationing fuel.

Hormuz toll legislation means $100+ oil may be the new floor, not a spike. Ghana must pivot from "wait for prices to drop" to "adapt to permanently higher costs." Fast-track solar, wind, Voltaian Basin gas, and fixed-price Nigeria crude agreements.