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The Nexus
SECURITYJul 13 · 22:49 UTCSEMAFORJ.D. Capelouto

Trump announces new blockade, Hormuz fee

President Donald Trump announced the US as the guardian of the Strait of Hormuz and proposed a 20% fee on cargo shipped through the waterway. He notified Congress that fighting with Iran has resumed, with the US reimposing a naval blockade on Iran. The BBC and Financial Times reported on the unclear implementation and historical precedents for such charges.

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Donald TrumppersonUnited StatesplaceStrait of HormuzplaceIranplaceCongressorganizationBBCorganizationFinancial TimesorganizationOttoman EmpireorganizationDenmarkplace
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