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The Latest Breaking News from Strait of Hormuz

Trump backs down over threat to levy tolls on shipping in Strait of Hormuz

The British Government was against the imposition of charges, which critics had branded ‘economic extortion’

The Independent UK

Bulletin PM briefing: Police give major Ann Widdecombe update and how £10bn was wasted on PPE

Ann Widdecombe was killed in ‘targeted attack’, police say – what we know. How Boris Johnson’s government wasted £10bn on PPE during Covid pandemic. Trump scraps Strait of Hormuz toll a day after announcing controversial fee. Brits mistake Andy Burnham for Richard Osman and Mel Gibson in surprise new poll.…

The Independent UK

US-Iran war: Trump drops 20% toll plan on Hormuz, seeks Gulf investment deals instead

US President Trump announced Gulf nations will invest in the United States. This replaces a proposed fee for shipping through the Strait of Hormuz. Massive investments will boost American factories and create jobs. The US military ensured uninterrupted oil flows through the vital waterway. Iran faces a full blockade on…

The Economic Times

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Hormuz is No Suez or Panama Canal, Says Global Shipping Giant, Slams Trump's 20% Toll as 'Fundamentally Wrong'

Shipping executives warned that President Donald Trump’s proposed 20% levy on vessels passing through the Strait of Hormuz could backfire by discouraging ship traffic and further reducing activity on the crucial trade route.

Benzinga

Trump's Strait of Hormuz Blockade Could Push Oil Higher, Gas Prices Could Reach $4 a Gallon, Analyst Says

GasBuddy analyst Patrick De Haan on Monday cautioned against gas prices in the U.S. likely spiking as tensions between Washington and Tehran escalate over the Strait of Hormuz.

Benzinga

Dubai planning new port to bypass Iran in Strait of Hormuz

IN FULL

The Independent UK

Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for India

Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has sparked a sharp rebuttal from Iran and raised fresh concerns over oil prices, global trade and India's economy. Here's what international law says, why the UN opposes…

The Economic Times

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US-Iran strikes: latest developments

DUBAI - The United States launched a third night of strikes on Iran as President Donald Trump reimposed a blockade on Iranian ports and proposed that all ships pay a fee to the United States to pass through the strategic Strait of Hormuz. Here are the latest developments:

Bangkok Post

Iran hits two UAE tankers in Strait of Hormuz after a night of Trump strikes

IN FULL

The Independent UK

Trump's 20% Strait of Hormuz Fee Plan Has 'Absolutely Zero Chance,' Analyst Says

Brett Erickson, a risk analyst and Geopolitics expert at Obsidian Risk Advisors, has slammed President Donald Trump‘s plan to impose a 20% fee on vessels transiting the Strait of Hormuz as tensions with Iran escalate.

Benzinga

'Mojtaba Khamenei is 90% gone': Trump makes big claim as US-Iran conflict spirals out of control

US President Donald Trump claimed Iran's top military leadership is wiped out and successor Mojtaba Khamenei is "90% gone". Trump announced an "Iranian blockade" alongside transit fees for the Strait of Hormuz, sparking a sharp rejection from Iranian Foreign Minister Abbas Araghchi, who insisted Tehran remains the waterway's guardian.

The Economic Times

Trump Is 'Absolutely Right,' Says Iran's Foreign Minister Abbas Araghchi About Strait of Hormuz Compensation — But 20% Is 'Too Much'

On Monday, Iranian Foreign Minister Abbas Araghchi pushed back against President Donald Trump’s plan to impose a 20% fee on cargo moving through the Strait of Hormuz, arguing that Tehran—not Washington—is the rightful guardian of the strategic waterway.

Benzinga

Iran-US war latest: Trump threatens to hit civilian targets in Iran as US resumes Strait of Hormuz blockade

The US launched more strikes against Iran and reinstated its naval blockade in the Strait of Hormuz Tuesday

The Independent UK

Iran's tankers take secret route through Hormuz to dodge US sanctions

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged container ship. Iran retaliated against US allies, striking UAE oil tankers and killing an Indian sailor. The US announced a reinstated naval blockade of Iranian ports and coastal…

The Economic Times

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The Economic Times

Iran's IRGC claims to shoot down US MQ-1 drone over Strait of Hormuz

Iran's IRGC claimed to shoot down a US MQ-1 drone over the Strait of Hormuz amid escalating tensions. This follows US President Donald Trump announcing a naval blockade against Iran and launching extensive military strikes, which US forces claim have severely degraded Tehran's military infrastructure and drone capabilities.

The Economic Times

'Hormuz blockade only for Iran and anybody doing business with them': Trump

In a bold move, US forces are set to re-establish a naval blockade in the vital Strait of Hormuz, specifically aimed at Iranian operations. This initiative is designed to significantly diminish Iran's military power and secure the essential shipping route. Current military engagements from the US have already dealt a…

The Economic Times

'20% too much, Iran will be fair': Iranian FM Araghchi takes dig at Trump over Hormuz "guardian" remark

In an amusing retort, Iran's foreign minister dismissed President Trump’s suggestion of charging fees for Strait of Hormuz security, claiming that Iran exclusively oversees this essential maritime route. Trump had previously indicated a twenty percent charge, but Iran strongly warned against US meddling, with both nations standing firm in their…

The Economic Times

U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz

US forces conducted strikes against Iran for a third night. Two tankers faced attacks in the Strait of Hormuz while transiting. President Trump declared a blockade and vowed to guard the vital waterway. Iran responded by targeting US facilities and equipment in the region. Oil prices surged significantly following these…

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AAP

Motorists to pay price for US blockade, toll in strait

While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.

International Business Times UK

UN Shipping Agency Says There Is 'No Legal Basis' for Trump's Hormuz Toll Plan

The UN's maritime agency has rejected Donald Trump's proposal to charge a 20% fee for vessels passing through the Strait of Hormuz, citing no legal basis for tolls on international waterways.

The Independent UK

Iran mercilessly mocks Trump’s proposed 20% Strait of Hormuz toll, accusing US of overcharging

IN FULL

Radio France Internationale

France, Germany, UK condemn Iran attacks as renewed fighting with US puts peace deal at risk

The foreign ministers of France, Germany, and Britain have condemned Iran's attacks on shipping in the Strait of Hormuz and on countries in the region, as Iran and the United States have traded attacks in recent days, casting doubt on their interim agreement to end the war.

The National (Scotland)

Donald Trump says US to reinstate Hormuz blockade and impose 20 per cent cargo charge

DONALD Trump has said that the US will reinstate the Strait of Hormuz blockade and impose a 20 per cent charge on cargo ...

The Independent UK

Trump announces 20% toll on Strait of Hormuz – what we know

IN FULL

The Economic Times

US to charge 20% on Strait of Hormuz cargo, says Trump; reinstates naval blockade on Iran

President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped through the Strait of Hormuz. Iran claimed it had closed the vital waterway following an unauthorized transit. U.S. and Iranian forces exchanged missile…

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