Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping
Politics

Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping

Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping
NYT Business Monday 13 July 2026, 22:33 UTC By Peter Eavis 1 min read
Key Points

Two vessels off the coast of Oman last month. President Trump did not explain exactly how the 20 percent fee would be calculated.

Two vessels off the coast of Oman last month. President Trump did not explain exactly how the 20 percent fee would be calculated.
Trump’s Strait of Hormuz Fee (ORG) Oman (LOCATION) Trump (PERSON)
Originally published by NYT Business Read original →

Related Stories

What to know about Trump's order shrinking the size of 2 national monuments in Utah

Revisiting actions from his first term that were reversed, President Donald Trump announced Monday that he will scale back the Bears Ears and Grand Staircase-Escalante national monuments in Utah. The Republican’s actions undo proclamations from his predecessors who deemed the sites worthy of preservation under the Antiquities Act, a 1906 law that gives presidents power to protect areas of cultural, historic or scientific interest. Trump made similar moves during his first term, but...

ABC News US 17m ago

AAP launches signature drive to seek death for Ayodhya donation thieves

NEW DELHI: Aam Aadmi Party national convener Arvind Kejriwal has launched a nationwide signature campaign to demand capital punishment for those involved in the alleged theft of donations in Ayodhya's Ram temple. Launching the drive Sunday in New Delhi's Rohini along with his wife, he signed the first copy of an open letter to PM Narendra Modi. "Today, bhakts of Bhagwan Ram across the world are in deep anguish.

Times of India 18m ago

Bill Belichick's daughter-in-law faces arrest order in North Carolina after skipping court appearance: report

A North Carolina judge reportedly issued an order of the arrest of Bill Belichick’s daughter-in-law on Monday after she allegedly failed to show up for court over a speeding violation. Jen Belichick, the wife of North Carolina Tar Heels football defensive coordinator Steve Belichick, was stopped by the North Carolina State Highway Patrol on May 21 for allegedly driving 88 mph in a 70 mph in Brunswick County, the California Post reported, citing court records. TAKE THE DON'T @ ME PODCAST ON...

Fox News 26m ago

Venezuela Names Its US Ambassador as Head of Foreign Policy, Trade

Venezuela Names Its US Ambassador as Head of Foreign Policy, Trade Venezuela’s Acting President Delcy Rodríguez merged the government’s foreign policy and international trade ministries into a single office headed by Caracas’s ambassador to the US, Félix Plasencia. Rodríguez made the announcement on Monday, as her administration deepens engagement with the US and works to reset Venezuela’s political and economic relations at home and abroad since Nicolás Maduro’s ouster in January.

Bloomberg Markets 27m ago