Trump reinstates Hormuz blockade on Iranian shipping, imposes 20% transit levy on all cargo

bne IntelliNews

Washington will bar Iranian vessels and their customers from the Strait of Hormuz and charge a 20% levy on all other cargo transiting the chokepoint, which carries a fifth of global oil, in a sharp escalation of the US-Iran conflict. ...

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Trump reinstates Hormuz blockade on Iranian shipping, imposes 20% transit levy on all cargo

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