Trump says the US should control the Strait of Hormuz and get paid for it
Trump said the United States would run the Strait of Hormuz and seek reimbursement as Iran keeps the waterway closed and oil prices rise.
- On Monday, President Donald Trump said the United States would take over the Strait of Hormuz and should be reimbursed for controlling the vital waterway, calling it the "guardian angel of the strait."
- After announcing the waterway's closure on Saturday following what it described as an unauthorized transit, Iran said on Sunday that passage remained suspended. The Revolutionary Guards warned that "continued interference could lead to greater incidents in the global oil and gas sector."
- The United States continued strikes for a second day in southwestern Iran, hitting targets near Abadan, Kuwait, and Iraq. Iranian media reported two deaths and three wounded in strikes on "three different locations" in Khuzestan province.
- Oil prices jumped 4.5% in Asian trading as markets feared supply disruptions. Iranian foreign ministry spokesman Esmaeil Baqaei stated that mediators from Qatar, Pakistan, and Oman are working to prevent further escalation.
- Military exchanges between the foes continue, complicating efforts to salvage the interim peace deal. US Central Command maintains the strait remains open to lawful transit, contradicting Iran's blockade claims.
304 Articles
304 Articles
The US should treat Israel as an asset, not a liability
Negotiations between the United States and the Islamic Republic of Iran have broken down, as always seemed inevitable, and military action has resumed. Instead of restraining Israel, the Trump administration should use its ally’s military prowess to its advantage in the continuing conflict. On April 8, the White House announced that a ceasefire brokered by Pakistan had been reached with Iran. But the world’s leading terrorist state did not conce…
What to know about the Strait of Hormuz, as conflict escalates
Over recent days, as fighting between the US and Iran has renewed, several vessels in the Strait of Hormuz have been attacked, killing at least two people. President Donald Trump said yesterday the US will act as the “guardian” of the waterway, charging commercial shippers 20% of the value of their cargo to reimburse the US for “providing safety and security to this very volatile section of the world.” A narrow waterway that bypasses Iran and Om…
Donald Trump, with a new Iran plan, is creating a lack of complacency. The US President wants to re-establish the sea blockade against Iranian ports and make the US the "guardian of the Strait of Hormus". But that's not enough. Donald Trump wants to pay well for this new project.
The price of oil shoots upward as Trump demands tolls in the Strait of Hormuz
Good morning. On Fortune’s radar today: Markets: Mixed and fearful as the war in Iran heats up again. Trump wants a toll booth in the middle of the Strait of Hormuz. Gulf countries deploy workarounds to avoid the Strait. Having a good war: Chinese renewable tech companies. Must-read: Inside eBay’s stalking and terrorism unit. Netflix is down 40% since Reed Hastings left—but top analyst sees imminent turnaround. Match Group HR chief says dating …
Oil Prices Surge As US Imposes Strait Of Hormuz Fees And Escalates Strikes On Iran - Tampa Free Press
Military actions and new maritime restrictions in the Middle East have driven international oil prices to a one-month high, with Brent crude rising above $86 a barrel on Tuesday. The price increase follows an announcement from President Trump that the U.S. is reinstating a naval blockade of Iranian ports and will impose a 20% security […] Oil Prices Surge As US Imposes Strait Of Hormuz Fees And Escalates Strikes On Iran
Berliner Morgenpost
Westdeutsche Allgemeine ZeitungThe U.S. is to become the "guardian of the Strait of Hormus" militarily – against 20 percent levy. Trump thus counters his own government.
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