The US is "taking out" all of Iran’s capability that has anything to do with the Strait of Hormuz and will "end up just controlling the whole thing" in the end, President Donald Trump says in the Oval Office. (Source: Bloomberg)
President Trump said the United States could collect tolls or fees, despite Vice President JD Vance and Secretary of State Marco Rubio saying no country could do so.
"The USA will be, from this point forward, known as 'the guardian of the Hormuz Strait,'" said the U.S. President.
President Donald Trump announced Monday that the United States will reinstate its naval blockade of Iran and be "reimbursed, at the rate of 20% on all cargo shipped" through the Strait of Hormuz, a levy he did not explain.Trump said the strait itself would stay open to every country other than Iran. Hours earlier, in a call-in to Fox News, he said: "We're…
President Trump on Monday proposed that the U.S. impose a toll on the Strait of Hormuz for providing safe passage to vessels traveling through the battle-ridden waterway in attempts to restore international oil shipping levels. The president said the U.S. would be “reimbursed” at a rate of 20 percent for being the “guardian” of the…
The latest fighting comes less than three weeks after the U.S. and Iran signed a memorandum of understanding.
Trump says the U.S. will be known as "THE GUARDIAN OF THE HORMUZ STRAIT," and will charge 20% on all cargo shipped via the waterway to cover security costs.
Tehran says the fallout has already reached the negotiating table with their foreign ministry claiming Trump's memorandum of understanding with Iran has entered a 'crisis phase.'
The Strait of Hormuz — the body of water between Iran and Oman linking the Persian Gulf with the Gulf of Oman — is one of the world's key maritime choke points through which roughly one-fifth of the world's oil customarily transits. It has largely been closed since the U.S. and Israel went to war with Iran in late February.After America's interim peace…
Trump announced the concept on Monday — after months of rejecting Iran's plan for post-war tolls — in what could amount to a negotiating tactic.
