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Donald Trump announces 20% toll on ships in Strait of Hormuz; to ‘reinstate’ Iran blockade

Sumitra July 14, 2026
Trump’s announcement comes after another major exchange of fire cast fresh uncertainty over efforts to negotiate an end to the conflict. Before Iran asserted control over the Strait of Hormuz after the war began, about one-fifth of the world’s oil and gas supplies moved through the strategic waterway.

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