Iran keeps Strait of Hormuz closed until U.S. meets terms
Global energy flows remain constrained as CENTCOM continues additional strikes on Iranian military targets.
Series
United States · Hormuz Blockade
U.S. strikes Iran missile launchers as Hormuz blockade widens
The assault came as more than 20 U.S. warships deployed, two crew members were killed, and Kuwait and Bahrain were also hit.
Trump drops 20% Hormuz transit fee a day after proposing it
What's new: He shifted to possible trade and investment deals with Gulf allies as fighting and shipping disruption persist.
Trump sends letter to Congress as US military ops on Iran continue
Trump threatened broader strikes on power plants, bridges and energy facilities if Tehran refuses to return to talks.
CNN Indonesia, The Business Times (Singapore) +1
Trump seeks 20% cargo levy on Strait of Hormuz shipments
The charge would amount to about US$30 million per supertanker, far above Iran's ad hoc fees of as much as US$2 million a voyage.