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. The move raises near-term disruption and compliance risk for shipping flows through a key global chokepoint, with likely knock-on effects for energy supply and prices.
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. The move raises near-term disruption and compliance risk for shipping flows through a key global chokepoint, with likely knock-on effects for energy supply and prices.
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