Shippers await details on Trump’s 20% Hormuz transit charge

Tuesday, 14 July 2026

Crude oil and LNG shippers are waiting for more details after U.S. President Donald Trump said Washington would impose a 20% charge on all cargoes transiting the Strait of Hormuz, a move the U.N.’s International Maritime Organization said it strongly opposes as unlawful.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Last modified on Tuesday, 14 July 2026 07:14
Rate this item
(0 votes)