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⬤ LOW 14 Jul 2026, 14:48 UTC

What to know about Trump plan for Strait of Hormuz toll

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 percent for being the “guardian” of the…
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