
Trump Claims US Rights to 20% Toll on Hormuz Oil Traffic
Trump announced Monday the US will act as "guardian of the Hormuz Strait" and collect a 20% toll on all cargo transiting the waterway, which handles 20 million barrels daily. The claim came via Truth Social post and Fox interview, with implementation to begin "immediately." Critical mechanics remain undefined: whether the toll applies to cargo value or freight cost, who collects it, and whether Congress has authority to levy charges on an international strait. The announcement contradicts his June 20 pledge of no tolls during a 60-day US-Iran ceasefire.
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