Last Updated: October 26, 2026

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  • Tag: commercial cargo ships

    Trump’s Strait of Hormuz Toll Plan: How A 20% Shipping Charge Could Raise India’s Oil Bill, Fuel Prices And Inflation

    A narrow stretch of sea, just a few kilometres wide, carries nearly one-fifth of the world’s oil every single day. Now, it is back in the global spotlight. US President Donald Trump has proposed that the United States become the “guardian” of the Strait of Hormuz and impose a 20 per cent toll on all.