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The Nexus
SECURITYJul 13 · 15:17 UTCPOLITICO EUROPERiya Misra

US to take over Strait of Hormuz, charge 20 percent fee for cargo shipped through, Trump says

President Donald Trump announced the U.S. will take over the Strait of Hormuz and charge a 20% fee on all cargo shipped through the critical oil passage. He also stated the U.S. will reimpose a blockade on Iran while ensuring other countries have fair access to the strait.

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