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Trump's Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump's plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus. The proposal has raised concerns about oil supply risks.
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- Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
- US to take over Strait of Hormuz, charge 20 percent fee for cargo shipped through, Trump says
- Trump demands shipping vessels pay 20% if they want to get through the Strait of Hormuz
- U.S. to impose 20% toll in Strait of Hormuz
- U.S. to impose 20% toll in Strait of Hormuz