Browsing Tag
Strait of Hormuz
100 posts
Trump abandons 20% Strait of Hormuz levy as US restarts blockade on Iranian ports
President Trump has scrapped a planned 20% tax on Strait of Hormuz shipping in favor of new investment deals with Gulf states, even as the US resumes its naval blockade of Iran.
July 14, 2026
Strait of Hormuz tensions intensify as US-Iran accord falters
The tentative truce between Washington and Tehran is fracturing, with the critical Strait of Hormuz at the center of a deepening diplomatic and military standoff.
July 14, 2026
President Trump Abandons Proposed Tolls for Hormuz Shipping
President Trump has dropped plans for a 20 percent shipping toll in the Strait of Hormuz, opting to seek trade and investment deals with Gulf allies instead.
July 14, 2026
US Initiates Iran Strikes and Plans Naval Blockade of Hormuz
The United States has launched new strikes against Iran and plans to blockade the Strait of Hormuz, prompting Iranian retaliatory attacks on regional allies and escalating tensions despite ongoing diplomatic efforts.
July 14, 2026
US conducts third round of airstrikes targeting Iranian positions
For the third night in a row, the US military launched airstrikes against Iran, as President Trump warns of additional action amid ongoing tensions regarding the Strait of Hormuz.
July 14, 2026
UAE Reports Fatal Iranian Missile Strike on Two Vessels in Strait of Hormuz
A missile attack by Iran on two tankers in the Strait of Hormuz has killed one crew member and injured eight others, according to the UAE government.
July 14, 2026
Donald Trump Declares New Naval Blockade and 20% Tariff on Strait of Hormuz Cargo
President Donald Trump has announced a renewed naval blockade of Iranian ports and a 20% fee on all cargo passing through the Strait of Hormuz, citing a need to secure the region following military exchanges with Iran.
July 13, 2026
Trump Announces 20 Percent Security Levy for Strait of Hormuz Cargo
President Trump has implemented a 20 percent security charge on cargo passing through the Strait of Hormuz, declaring the U.S. as the region's guardian.
July 13, 2026
Military tensions escalate as US and Iran exchange strikes near Strait of Hormuz
Military hostilities between the US and Iran have intensified, with both sides exchanging strikes while disputing the accessibility of the vital Strait of Hormuz, causing oil prices to rise.
July 13, 2026
Iran Suspends Traffic Through Strait of Hormuz
Iran has indefinitely closed the Strait of Hormuz following an incident involving a commercial vessel, citing a need to counter American regional interference.
July 12, 2026