Trump Announces New Hormuz Blockade, 20% Cargo Transit Fee

Date:

Washington, United States – Web Desk: US President Donald Trump has announced a new blockade policy for the Strait of Hormuz, saying the United States will act as the “guardian” of the strategic waterway while imposing a 20% transit fee on cargo passing through it.

Speaking to reporters, Trump said the Strait of Hormuz would remain open for international commercial shipping but that the new restrictions would specifically target Iranian vessels and their customers.

He stated that countries other than Iran would continue to enjoy unrestricted access to the vital maritime route, while measures aimed at Iranian shipping would take effect immediately.

According to Trump, the United States will begin enforcing the new operational framework for the Strait of Hormuz without delay. The announcement comes amid heightened tensions in the Gulf region and growing international concern over global energy supplies and maritime security.

The Strait of Hormuz remains one of the world’s most strategically important shipping lanes, carrying a significant share of global oil and liquefied natural gas exports.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Indian Court Orders Takedown of Documentary on Modi and Adani

The Calcutta High Court has ordered social media platforms...

Abhishek Sharma’s 113 Powers India to T20I Series Win Over New Zealand

Abhishek Sharma’s explosive century led India to a series-clinching...

India Orders Evacuations as Cyclone Arnab Threatens Eastern Coast

Authorities in Andhra Pradesh and Odisha have stepped up...

Pakistan Announce 15-Member Squad for U-19 Asia Cup Title Defence

Defending champions Pakistan appoint Farhan Yousuf captain for the...