World
Trump Proposes Strait of Hormuz Toll
President Trump proposed imposing a toll on vessels traveling through the Strait of Hormuz to restore international oil shipping levels. The plan aims to reimburse the U.S. for providing safe passage and address concerns over piracy and security in the region.
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The Hill
President Trump on Monday proposed that the U.S. impose a toll on the Strait of Hormuz for providing safe passage to vessels traveling through the battle-ridden waterway in attempts to restore international oil shipping levels. The president said the U.S. would be “reimbursed” at a rate of 20 perce
2026-07-14 14:48 UTC