President Donald Trump announced a 20 percent fee on cargo shipped through the Strait of Hormuz. This announcement follows Iran's reported attacks on two tankers transiting the waterway, as tensions over control of the region escalate.
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U.S. Conducts Strikes in Iran Amid Ongoing Tensions
President Trump has implemented a 20 percent fee on cargo passing through the Strait of Hormuz. This decision comes after Iran allegedly attacked two tankers in the area, heightening existing tensions over control of the waterway.
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Live Updates: U.S. Strikes Iran for 3rd Night, in Return to Open Conflict
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U.S. Conducts Strikes in Iran Amid Ongoing Tensions