POTUS is absolutely right. Whoever provides secure and safe passage of commercial vessels through the Strait of Hormuz should be compensated for this service.

ALBAWABA- U.S. President Donald Trump announced on Monday a sweeping new policy for the Strait of Hormuz, declaring that the United States will assume t

Trump says Iranian ships and those trading with Iran will be barred, while other commercial traffic will pay a 20% transit fee.

President Donald Trump said the 20% fee on cargo was necessary to "do the job of providing safety and security" to the region.

The blockade will only stop Iranian ships and ‘all other countries will have fair and open use’ of the waterway, the United States president said.

US President Donald Trump has said that the United States will reinstate a blockade of Iran's seaports and require a 20% fee on the value of cargo transported through the Strait…

Other countries and industries reliant on traffic through the narrow waterway have insisted it should be free to access, without tolls or other maritime service charges

Trump plans U.S. control of the Strait of Hormuz and a 20% cargo fee. Traffic normalization by August 31 at 15.5% YES.

Donald Trump’s plan to charge ships to use the strait would be a marked departure from the US’ previous insistence that passage through the crucial waterway should be free and…

The US will charge a 20% fee on all cargo shipped through the Strait of Hormuz, as announced by President Trump to ensure safety in the volatile region.

President Donald Trump announced the reinstatement of what he called an 'Iranian blockade' and proposed a 20% fee on cargo passing through the Strait of Hormuz in exchange for…

Trump declared the US would collect a 20% fee on all Hormuz cargo as "Guardian of the Strait," flipping the script on Iran's own toll demands, while US forces struck dozens of…

Trump said the US would reimpose a naval blockade on Iran, serve as "guardian" of the Strait of Hormuz, and charge a 20% toll on cargo ships.

Trump declares the U.S. 'Guardian of Hormuz Strait' with a 20% cargo charge. Normal traffic by August 31 at 15.5% YES.

"All other countries will have fair and open use of the Strait," the US president said

Since the US-Israeli war with Iran broke out, shipping companies have been calling for greater protection for vessels to safely cross through the Strait of Hormuz, a critical…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleIran's foreign minister, Abbas Araghchi,…

Since the US-Israeli war with Iran broke out, shipping companies have been calling for greater protection for vessels to safely cross through the Strait of Hormuz, a critical…

“POTUS is absolutely right. Whoever provides secure and safe passage of commercial vessels through the Strait of Hormuz should be compensated for this service.”

US President Donald Trump said Monday that the United States will serve as the "guardian" of the Strait of Hormuz and be "reimbursed" at a 20 percent rate on al

In an amusing retort, Iran's foreign minister dismissed President Trumps suggestion of charging fees for Strait of Hormuz security, claiming that Iran exclusively oversees this…