Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has sparked a sharp rebuttal from Iran and raised fresh concerns over oil prices, global trade and India's economy. Here's what international law says, why the UN opposes transit tolls, and how the plan could affect India's inflation, crude oil imports, LNG supplies, rupee and fiscal outlook.

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…

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…

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…

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.

"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…

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…

Trump's 20% toll on Strait of Hormuz cargo sent oil prices surging 5-7%. Here's why crypto investors should care about this geopolitical shock.

US President Donald Trump said the United States intends to blockade Iranian vessels in the Strait of Hormuz and collect fees from other countries' shipping traffic as…

Trump said on July the US would charge a 20 per cent fee on all cargo shipped through the strait. Read more at straitstimes.com. Read more at straitstimes.com.

Trump said on July the US would charge a 20 per cent fee on all cargo shipped through the strait. Read more at straitstimes.com. Read more at straitstimes.com.

Donald Trump’s proposal to charge a 20 per cent toll on ships crossing the Strait of Hormuz is an “act of desperation” and the worst possible outcome for Australia, a retired…

President Donald Trump's plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.

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.