A proposed 20% U.S. toll on cargo transiting the Strait of Hormuz could add more than $100 billion a year to global oil and gas trade, driving up energy costs, inflation, and shipping expenses.

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…

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