20% cargo charge on Strait of Hormuz
The US plans to impose a 20% charge on all cargo shipped through the Strait of Hormuz to recoup security costs.
Where this was said
Trump to Address Nation as US-Iran Conflict Escalates
At 0:58 · chapter starts 0:16
NPR anchor Jael Snyder opens the news bulletin with breaking developments out of the White House: President Trump has announced a prime-time address to the nation Thursday at 9PM, giving no details about its content. The announcement arrives at a moment of sharp military escalation — the US has relaunched heavy strikes against Iran and reinstated a blockade after Iranian leaders threatened to close the Strait of Hormuz. White House correspondent Franco Ordonez reports that Trump is also moving to charge every cargo ship a 20% fee for transiting the strategically vital waterway, arguing the US deserves reimbursement for the security it provides to global energy transportation. Despite Iran's closure threat, Trump insists the strait remains open. [1] — Franco Ordonez "The US is imposing a 20% charge on all cargo shipped through the Strait of Hormuz, with Trump arguing America deserves reimbursement for it…" 00:30
US Imposes 20% Strait of Hormuz Cargo Charge
The US is imposing a 20% charge on all cargo shipped through the Strait of Hormuz, with Trump arguing America deserves reimbursement for its security role in the waterway. This comes as the US also reinstated its blockade on Iran after Tehran threatened to close the strait entirely.
Iran closing Strait of Hormuz
Iran's leaders announced they would close the Strait of Hormuz, prompting the US to reinstate a blockade on Iran.
Third consecutive night of Iran strikes
The US military completed a third consecutive night of strikes on Iranian military targets, with attacks lasting five hours.
Third Night of US Strikes on Iran & Tanker Attacks
The US military completed a third straight night of strikes on Iranian military targets, with attacks lasting five hours. The UAE simultaneously reported Iran attacked two tankers, leaving one person dead and eight wounded.
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