First Thing: Trump threatens to impose US tolls on Hormuz shipping as strikes on Iran continue
Summary
The United States, under President Donald Trump, has carried out strikes on Iran for the third night in a row and announced plans to charge ships for passing through the Strait of Hormuz. This comes amid ongoing attacks in the area despite an interim deal meant to halt hostilities. Meanwhile, tensions rise as Iran and the US continue confrontations related to navigation and control of the strategic waterway.Key Facts
- The US has launched three consecutive nights of strikes on Iran.
- President Trump announced the US will charge a 20% fee for ships passing through the Strait of Hormuz.
- The UAE reported that two of its national tankers were hit by Iranian missiles near the strait, resulting in one death and several injuries.
- An interim deal designed to end the conflict between Iran and the US is breaking down amid ongoing attacks.
- Both the US and Iran previously said the strait should be free of tolls, but now both sides have proposed charging fees.
- Charging fees or blocking the strait violates international rules on free navigation and could disrupt global trade.
- The Strait of Hormuz is a crucial waterway for global oil shipments.
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