Trump Reimposes Naval Blockade on Iran, Announces 20% Transit Fee for Strait of Hormuz Shipping
President Donald Trump announced Monday that the United States is reinstating its naval blockade of Iran while introducing a new policy requiring cargo passing through the Strait of Hormuz to pay a 20% fee for the protection provided by the U.S. military. The move follows Iran’s attempt to impose its own tolls on commercial shipping […]