US to resume Iran blockade, ‘guard’ Strait of Hormuz and charge 20 per cent toll
AI Summary
The United States plans to resume a blockade of Iran and impose a 20 percent toll on ships passing through the Strait of Hormuz. This marks a shift from prior US policy favoring free passage through this crucial waterway, heightening geopolitical tensions.
Donald Trump’s plan to charge ships to use the strait would be a marked departure from the US’ previous insistence that passage through the crucial waterway should be free and open for all.