Trump Reinstates Iran Blockade, Plans Hormuz Ship Fee

Bloomberg — Jul 14, 05:36 AM

President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped via the waterway.

Bloomberg's Stuart Livingstone-Wallace and Marisks CEO discuss the implications. (Source: Bloomberg)

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Trump Reimposes Hormuz Blockade

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