President Donald Trump says the United States will levy a 20% “safe passage” fee on ships using the Strait of Hormuz, a strategically important waterway for global oil shipments. Multiple outlets report that the announcement comes from Trump’s post on the social media platform Truth Social. Trump frames the charge as a “matter of fairness” intended to help cover the costs of providing security in the strait. The proposal has also prompted criticism in reporting, with at least one outlet describing the move as “economic extortion” and noting public outrage at the idea of charging shipping a toll. Other sources describe the levy as part of a plan to fund security measures and maintain safe navigation through the area. While details beyond the announced percentage and stated purpose are limited in the provided summaries, the reports converge on the central elements: a proposed 20% fee, a stated link to security costs, and the announcement attributed to Trump via Truth Social.
Trump announces 20% “safe passage” fee for ships transiting Strait of Hormuz
President Donald Trump says the United States will levy a 20% “safe passage” fee on ships using the Strait of Hormuz, a strategically important waterway for global oil shipments. Multiple outlets repo...
- Trump says the US will impose a 20% “safe passage” fee on ships using the Strait of Hormuz.
- The announcement is attributed to Trump’s post on Truth Social.
- The fee is described as helping cover the costs of security in the strait.
- Reporting notes criticism/outrage from some observers, including claims the fee is “economic extortion.”
- The Strait of Hormuz is presented as a strategic shipping and energy transit route.
The US president sparked outrage as he claimed charging a fee is a ‘matter of fairness’ to cover the cost of providing security.
2 hours agoThe US president sparked outrage as he claimed charging a fee is a ‘matter of fairness’ to cover the cost of providing security.
5 hours agoThe US president sparked outrage as he claimed charging a fee is a ‘matter of fairness’ to cover the cost of providing security.
6 hours agoThe US president sparked outrage as he claimed charging a fee is a ‘matter of fairness’ to cover the cost of providing security.
7 hours agoShips passing through the Strait of Hormuz face a 20 percent “safe passage” fee under a proposal by the United States. The levy, announced by President Donald Trump in a Truth Social post on Monday, would help cover the cost of maintaining security in the strategic waterway. More to follow…
8 hours ago
Laura Dern pays tribute to Sam Neill after his death
Actor Laura Dern publicly pays tribute to Sam Neill, describing him as a “dream leading man.” The news prompts a broader...
Greg Hawthorne, Steelers first-round pick and Super Bowl champion, dies at 69
Former NFL running back Greg Hawthorne, who played for the Pittsburgh Steelers and won Super Bowl XIV, has died at age 6...
Mahmood moves to change law to deport Rochdale grooming gang leader
Multiple reports say the UK government is taking steps to close a legal loophole that currently blocks the deportation o...