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But it strikes me that if the U.S. - Iran agreement includes a fee of any kind, it's a serious problem.

I don't see how the U.S. could make an agreement that empowers Iran to violate the Law of the Seas on behalf of all other nations.

So, if other nations balk at the insanity, it becomes a multi-nation "dispute" that needs to be resolved among themselves (likely impossible), and failing that, would probably end up with an Annex VII Arbitral Tribunal.

Of course, the felon and the administration players pulling his strings have no respect for rule of law at any level so he and his band of lunatics probably think they can just strongarm everyone into accepting this violation. And if that is allowed to stand, nations that have natural straits will start following suit. And it will become an international trade clusterfuck.