Iran War Day 136: U.S. to Charge 20 Percent Fee on Hormuz Shipping, Trump Says

With tensions escalating in the Strait of Hormuz, President Trump announced a significant move by imposing a 20 percent fee on shipping through the vital waterway. This comes as maritime traffic has sharply declined following the breakdown of a fragile ceasefire. The fee is seen as a bold strategy to counter Iran's aggressive actions, reflecting the broader geopolitical stakes in the region. This move could reshape international shipping costs and influence global trade dynamics, underscoring the critical importance of the Strait of Hormuz in global commerce and security.