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LiveMint·3d ago

‘Where will this end?’ Trump's 20% Hormuz fee plan slammed as ‘fundamentally wrong’ by shipping industry

The brief

Tensions between the US and Iran escalated as Trump announced a blockade on Iranian ships in the Strait of Hormuz and proposed a 20% fee for other vessels. Critics argue the fee undermines free passage in international waters and may discourage shipping traffic through the strait

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