‘Piracy’: Will Trump’s 20 percent Hormuz toll find takers?
President Donald Trump has announced plans to impose a 20 percent toll on cargo ships passing through the Strait of Hormuz as part of a new blockade strategy. Analysts have questioned the feasibility and legality of the proposal, labeling it an improvised political maneuver.
Why it matters
The proposal threatens to disrupt global oil supply chains and escalate tensions between the United States and Iran.
Trump says the US will start charging a cargo fee for ships passing through the Strait of Hormuz.
x whatsapp-stroke copylink google Add Al Jazeera on Google info play video play video Video Duration 06 minutes 24 seconds play-arrow 06:24 No country outside the region should control the Strait of Hormuz, analyst warns
Amid renewed escalation between the United States and Iran, President Donald Trump says the US will restart its naval blockade of Iran and “become the guardian” of the Strait of Hormuz.
Trump added that the US will charge a 20 percent toll on ships transiting through the strait.
Here is a closer look at what Trump said and what this could mean for ships passing through the Strait of Hormuz.
Trump revealed his plans for the Strait of Hormuz in an interview with Fox News and in a post on his Truth Social platform on Monday.
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