Trump says US could charge for Strait of Hormuz passage amid Iran war

What Happened

President Trump suggested the United States may charge tolls for Strait of Hormuz passage following the war with Iran. Trump stated the US, as the winner, should collect fees rather than allow Iran to do so. The strait connects the Persian Gulf to the Indian Ocean and handles approximately 20 percent of global oil and LNG trade. Trump issued an ultimatum requiring Iran reopen the strait and accept Washington's terms or face attacks on civilian infrastructure. Iranian officials propose new management arrangements for the waterway post-war.

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