CNA·5 min read·hard
Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo: Trump
C
CNA
✦AI Summary
President Donald Trump announced that the U.S. will reinstate a blockade of Iranian shipping in the Strait of Hormuz and impose a 20% fee on cargo transits. Iran has rejected the move, and international shipping agencies have questioned the legal basis for such tolls.
"We're going to be reimbursed, because the other nations are very wealthy. They're on our side, and we can't be expected to do that for nothing," Trump said earlier in a phone interview on Fox News.
politicsworldeconomy
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