Geopolitics & Conflicts
U.S. announces 20% toll on ships using Hormuz; what Trump’s Iranian blockade means
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The United States announced it is reinstating a blockade on Iran in the Strait of Hormuz and will charge a 20% toll on eligible cargo carried by other ships for safe passage. This move follows an Iranian attack on a container vessel and escalates the ongoing dispute between Washington and Tehran over the control and security of this vital global shipping route.
Source: The HinduRead the full story →