The US has carried out a third consecutive night of strikes on Iran. Donald Trump says Washington is reinstating a naval blockade and warns Tehran will be “hit hard” as tensions continue to escalate. The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.
military carried out a third consecutive night of strikes against Iran on Monday as President Donald Trump reinstated a blockade of Iranian shipping and proposed charging a 20% fee to guard the Strait of Hormuz. After several days of attacks, Tehran and Washington have effectively reverted to the state of open conflict that existed before the United States and Iran agreed to a cease-fire in June. President Donald Trump reimposed a US naval blockade on Iranian ports on Monday and vowed hefty fees for ships transiting the Strait of Hormuz, as Tehran mockingly pledged to charge a lower rate for passage through the strategic waterway.
FRANCE 24's Jennie Shin speaks with Aaron David Miller, Senior Fellow at the Carnegie Endowment for International Peace and Former State Department Middle East Analyst. The third consecutive night of US strikes on Iran came as Trump announced a 20% charge as part of a new blockade on the Strait of Hormuz. and Iran exchanged fire for the third weekend in a row, raising the specter of a return to all-out war after a shaky ceasefire took effect in June.
Brent crude rises 5% after US president says 20% toll will be imposed on key trade route to cover ‘safety and security’Oil prices rose 5% on Monday as Donald Trump reinstated the US blockade of Iranian shipping in the Gulf and will charge other countries to pass through the strait of Hormuz.As the US and Iran exchanged strikes amid an escalating standoff over the vital trade route, the price of Brent crude climbed to $79.37 a barrel. Trump declared the US would collect a 20% fee on all Hormuz cargo as "Guardian of the Strait," flipping the script on Iran's own toll demands, while US forces struck dozens of targets in Iran and the IRGC hit Bahrain, Jordan, Kuwait and Oman in the biggest exchange since the April ceasefire. Trump said on social media that Iranian ships will no longer be able to travel through the Strait and America would charge a 20% toll on eligible cargo, as the conflict with Iran has intensified after peace talks failed to deliver meaningful progress.
Trump says US reinstating Hormuz blockade and charging ships for passage Trump says the US is "reinstating" a blockade on Iran in the Strait of Hormuz and will charge ships for safe passage. The US will be known as "THE GUARDIAN OF THE HORMUZ STRAIT", Trump wrote on Truth Social. "As such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all co…
President Donald Trump says the US will restart its naval blockade in the Strait of Hormuz, targeting Iranian ships and those doing business with Iran. US President Donald Trump said on Monday the United States would begin charging commercial vessels for safe passage through the Strait of Hormuz as Washington reinstates its blockade of Iran following a renewed escalation in the conflict. Trump said Iranian vessels and ships trading with Iran would be barred from using the strategic waterway, while other countries would retain access under a system that would impose a 20 per cent fee on eligible cargoes.
Summary from source