Trump’s 20% Strait of Hormuz tolls risk oil shock and violate international law, experts say

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Experts criticize President Donald Trump’s proposal of 20% toll fees on ships passing through the Strait of Hormuz, highlighting potential violations of international maritime law and risks of causing an oil price shock. The toll would be charged on ship cargo value, potentially disrupting energy markets and global shipping.

WASHINGTON – President Donald Trump’s announcement Monday that the U.S. will charge 20% fees on ships passing through the Strait of Hormuz alarmed experts on maritime law and energy markets, who said the levies would violate international law and cause oil prices to balloon. The fees would be assessed on the value of a ship’s cargo. The average tanker that … Read more The post Trump’s 20% Strait of Hormuz tolls risk oil shock and violate international law, experts say appeared first on Small Wars Journal by Arizona State University.