1 month ago
Iran ceasefire successful jeopardy: Strait of Hormuz tensions escalate
The vulnerable Iran ceasefire is threatened by escalating tensions successful nan Strait of Hormuz, a captious world shipping lane. President Donald Trump warns of imaginable subject action until a "REAL AGREEMENT" is reached. Vice President Vance and different experts talk Iran's demands for tolls, strategical islands, and increasing cyber threats to US infrastructure. Global lipid prices and shipping postulation are intimately monitored amidst nan uncertainty.
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The United Nations’ shipping agency warned Thursday that imposing a toll connected ships passing done nan Strait of Hormuz would "set a vulnerable precedent."
The remark comes aft President Donald Trump suggested Wednesday that location whitethorn beryllium a U.S.-Iranian toll strategy coming for ships that recreation done nan cardinal waterway. Trump told ABC News, "We’re thinking of doing it arsenic a associated venture," and, "It’s a measurement of securing it — besides securing it from tons of different people."
"There is nary world statement wherever tolls tin beryllium introduced for transiting world straits. Any specified toll will group a vulnerable precedent," a spokesperson for nan U.N.'s International Maritime Organization told Reuters connected Thursday.
The Strait of Hormuz, which lies betwixt Iran, Oman and nan United Arab Emirates, is 1 of nan world’s astir captious power choke points, carrying roughly 20 million barrels of lipid a time on pinch astir one-fifth of world liquefied earthy gas.
LIVE UPDATES: US MILITARY 'LOADING UP AND RESTING,' TRUMP SAYS, AS IRAN TESTS CEASEFIRE
A vessel is seen passing done nan Strait of Hormuz during a two-week impermanent ceasefire betwixt nan United States and Iran connected April 8, 2026. (Shady Alassar/Anadolu/Getty Images)
Greek Prime Minister Kyriakos Mitsotakis besides warned connected Wednesday that a reported Iranian scheme to complaint ships to walk done nan Strait of Hormuz would beryllium "completely unacceptable."
"I don’t deliberation that nan world organization would beryllium fresh to judge Iran mounting up a toll booth for each vessel that crosses nan strait," Mitsotakis, representing the world's starring shipping power, told CNN.
HEGSETH DECLARES 'DECISIVE MILITARY VICTORY' OVER IRAN
A outer image shows nan Strait of Hormuz, a cardinal maritime transition connecting nan Persian Gulf to nan Gulf of Oman, captious for world power supply. (Amanda Macias/Fox News Digital)
"This statement cannot, I repeat, cannot see a benignant of a interest that ships will person to salary each clip they transverse nan strait," he continued. "This was not nan lawsuit earlier nan warfare started and it cannot beryllium nan lawsuit aft nan warfare finishes."
The Trump management had reached a ceasefire woody pinch Iran connected Tuesday.
The Callisto tanker sits anchored arsenic nan postulation is down successful nan Strait of Hormuz, amid nan U.S.-Israeli conflict pinch Iran, successful Muscat, Oman, March 10, 2026. (Benoit Tessier / Reuters)
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"The United States of America will beryllium helping pinch nan postulation buildup successful nan Strait of Hormuz. There will beryllium tons of affirmative action! Big money will beryllium made. Iran tin commencement nan reconstruction process," Trump wrote connected Truth Social connected Wednesday morning. "We’ll be loading up pinch supplies of each kinds, and conscionable ‘hangin’ around’ in bid to make judge that everything goes well. I consciousness assured that it will."
Fox News Digital’s Amanda Macias and Alexandra Koch contributed to this report.
Greg Norman is simply a newsman astatine Fox News Digital.
