Iran Launches 'Brazen' Attacks On More Tankers In Hormuz, Killing Sailors, After Araghchi Mocked Trump's Toll Plan

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Iran Launches 'Brazen' Attacks On More Tankers In Hormuz, Killing Sailors, After Araghchi Mocked Trump's Toll Plan

Iran Launches 'Brazen' Attacks On More Tankers In Hormuz, Killing Sailors, After Araghchi Mocked Trump's Toll Plan The battle for Hormuz has ramped up after the United States has undertaken three consecutive nights of major bombing raids against Iranian targets. All the while President Trump is said to be "very serious" about his plan to impose a 20% toll on cargo transiting through the Strait of Hormuz, a Semafor report says, citing a White House official who says the president has desired such a plan for months. Both warring sides are insisting that it is their side alone which will be 'guardian' over the strait. AFP/Getty Images Iran's foreign minister Abbas Araghchi took some jabs at the proposed US plan soon after Trump unveiled it on Truth Social. "POTUS is absolutely right. Whoever provides secure and safe passage of commercial vessels through the Strait of Hormuz should be compensated for this service," Araghchi wrote on X. "20% is of course too much. We will be fair," he added. Below: ongoing reports that the Houthis are entering the war after Monday missile attacks on the kingdom: Media: Abha Airport in Saudi Arabia is out of service after being completely destroyed by Houthi shelling. pic.twitter.com/uYp1AsWCx0 — Rojava Network (@RojavaNetwork) July 13, 2026 The same day, a clip of Secretary of State Marco Rubio from late June insisting that "no country" can extract tolls went viral. "That's the law. It's an international waterway. No country is allowed to charge tolls or fees on an international waterway," Rubio said. "That's existing international law. That's the way it is in international waterways all over the world and that's the way we'll expect it'll be here." He added: "I think all the countries in this region would agree." Meanwhile Iranian sources continue to warn the West, also with dramatic images of tankers exploding: This ship was given clearance to pass the strait of Hormuz by The U.S. without even coordinating with the IRGC. It is now in t

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Geopolitical tensions have reached a peak following an Iranian attack on a tanker in the Strait of Hormuz, resulting in crew fatalities. The U.S. has conducted three consecutive days of airstrikes on Iranian targets, and President Trump is considering a 20% tariff on cargo passing through the strait. This crisis maximizes instability in the Strait of Hormuz, a critical global logistics artery, posing a severe threat to global supply chains.

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The escalation of military conflict in the Middle East has introduced significant uncertainty into global energy markets. The potential implementation of tariffs combined with physical security threats forces shipping firms to reconsider traditional routes, likely leading to sustained inflationary pressure on global trade costs.

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