Trump’s call for Hormuz toll legitimises Iran’s claim for fees: Verrender | ABC NEWS
Chief Business Correspondent Ian Verrender says Trump’s calls for a 20 per cent tariff to be paid to the United States on cargoes transiting the Strait of Hormuz legitimise Iran’s initial calls for a fee to be paid to them.
He also says the global market may be in for a supply shock given Ukraine’s recent critical strikes on Russian oil refining facilities.
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