Iran-US war latest: Trump to charge 20% toll on ships using Strait of Hormuz as he reimposes US blockade
President Donald Trump has announced plans to impose a 20 percent toll on ships navigating the Strait of Hormuz amid escalating tensions with Iran. The move follows renewed U.S. strikes on Iranian targets and a breakdown in diplomatic peace efforts.
Why it matters
The proposed toll and military escalation threaten global oil supply chains and increase the risk of a broader conflict in the Middle East.
Donald Trump has said the US will be guardians of Strait of Hormuz and impose a 20 percent toll on ships using it
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