Proposed Strait of Hormuz fee lacks legal basis, shippers warn

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15 July 2026 at 3:29 am

Proposed Strait of Hormuz fee lacks legal basis, shippers warn

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Summary

Shippers are warning that a proposed 20% fee on cargo transiting the Strait of Hormuz, which Donald Trump has now decided against, would open a "dangerous Pandora's Box" as there is no legal basis for such a charge.

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