PoliticsJuly 14 at 05:18 AM

Details of US President Trump’s proposed Strait of Hormuz toll plan are still being finalised, according to Semafor; says Trump is 'very serious' about the tolls

StockNow breaking-news AI analysis

President Trump announced a 20% toll on Strait of Hormuz cargo alongside a naval blockade of Iran. The plan sparked an 8% surge in oil prices and faced legal opposition.

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