Trump Proposes 20% Toll on Ships Passing Through Strait of Hormuz

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US President Donald Trump has announced a 20% toll on vessels transiting the Strait of Hormuz, a critical global shipping lane. The announcement follows a significant exchange of fire that has added fresh uncertainty to ongoing negotiations aimed at ending the conflict. Iran has asserted control over the strait since the war began, complicating international maritime trade. The Strait of Hormuz has historically been one of the world's most vital energy corridors, with roughly one-fifth of global oil and gas supplies passing through it.

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