Trump reboots Hormuz blockade with 20% shipping levy

1 min read
Source: BBC
Trump reboots Hormuz blockade with 20% shipping levy
Photo: BBC
TL;DR Summary

President Trump says the US is reinstating a naval blockade of Iranian ports and will impose a 20% levy on all cargo transiting the Strait of Hormuz, claiming it will bar Iran’s ships or customers while keeping the strait open to other nations. CENTCOM says strikes against Iran will continue to raise costs on Iranian forces and protect civilian shipping, while Iran pledges to guard the Strait. The move drew pushback from Iran and the IMO, which questioned the legal basis for tolls; the practical impact remains unclear amid ongoing regional tensions and prior blockades that have shifted between reopenings and renewed action.

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