US President Donald Trump says he will not charge a 20 per cent toll on traffic in the Strait of Hormuz, as the US military confirms its naval blockade of Iran has come into effect. Follow live.

President Donald Trump on Monday said the US is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships a “rate of 20 percent on all cargo shipped” through…

President Donald Trump countered Iran's attempts to collect tolls on shipping via the Strait of Hormuz by announcing the US would do so at a rate of 20% for all cargo transiting…