Trump Reinstates Hormuz Strait Naval Blockade and Proposes 20% Cargo Toll

President Donald Trump has reinstated a naval blockade in the Strait of Hormuz and announced plans to charge a 20% toll on cargo for security services, reigniting tensions with Iran. The move has caused concern among global markets and international bodies.

By Leonie Kidd · CNBC ·

Trump Reinstates Hormuz Strait Naval Blockade and Proposes 20% Cargo Toll

Tickers: $NAT

Topics: international_relations naval_blockade oil_markets strait_of_hormuz

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