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Trump: Iran better stop immediately if collecting fees for Strait of Hormuz passage

NQ Score 94/100

AI Summary (NQ-processed)

Former President Trump warned Iran to immediately stop if it is collecting fees from oil tankers passing through the Strait of Hormuz. Reports indicated Iran might intend to charge transit fees, which Western leaders oppose. The Financial Times reported that Iran might demand cryptocurrency payments to maintain control of the Strait during a two-week ceasefire with the US. Trump also stated that oil would start flowing with or without Iran's help, without further explanation. The Strait of Hormuz is a critical waterway for about 20% of global oil and LNG transport.

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