U.S. to reinstate Strait of Hormuz blockade, charge ships 20% toll on cargo, Trump says
U.S. President Donald Trump announced plans to reinstate a blockade of Iranian shipping in the Strait of Hormuz and impose a 20% toll on cargo. The move follows escalating missile and drone exchanges, drawing immediate opposition from Iran and international shipping authorities.
Why it matters
This policy shift threatens to disrupt global oil supply chains and significantly heighten geopolitical tensions in the Middle East.
An Indian sailor goes about their work after being stranded aboard their cargo vessel for days as congestion at Port Sultan Qaboos has prevented them from docking, leaving the ship anchored off the coast of Oman around Qaboos Port on June 23 in Muscat, Oman. Elke Scholiers/Getty Images
The article presents the claims of the U.S. administration alongside the counter-claims of Iran and international bodies.
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