Global Briefing: Trump’s proposed toll would be far higher than the $2m per vessel Tehran demands and will add to the global economic pain

Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in the Strait of Hormuz. Not only that, Trump also…

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

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleDonald Trump announced the US would impose a…

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…

Trump announces a U.S. blockade on Iran in the Strait of Hormuz, imposing a 20% toll on shipping traffic.

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 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.

Donald Trump said the US will reinstate its naval blockade on Iran and charge ships a 20 per cent fee on cargo passing through the Strait of Hormuz.

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

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…

Iran criticized US President Donald Trump's proposed 20% cargo fee for the Strait of Hormuz, asserting its role as the rightful guardian of the strategic waterway.

Araghchi's dig comes after Trump announced that the US will charge a 20 per cent fee to ensure the safety of vessels in the Strait of Hormuz. | World News

Shipping industry representatives expressed surprise and skepticism regarding the announcement. Iran's foreign minister acknowledged compensation for safe passage but found the…

US President Donald Trump declared the return of a naval blockade on Iranian ports on Monday, saying Washington would impose hefty fees on ships transiting the Strait of Hormuz as…

Global Briefing: Trump’s proposed toll would be far higher than the $2m per vessel Tehran demands and will add to the global economic pain

Donald Trump announces reinstatement of Iran Blockade and 20% fee for ships passing through Strait of Hormuz.

US President's proposal faces legal questions, unclear enforcement rules and resistance from regional states