Since the breakdown of the U.S.-Iran memorandum of understanding, ship crews around the Strait of Hormuz are unwilling to make the risky trip, Dimitris Maniatis, CEO of the Greek maritime risk management company Marisks, said Thursday. “Vessels that were trapped inside the Persian Gulf for a very long time, belonging to owners that were extremely … Read more
H.R. McMaster, a CBS News contributor and President Trump’s former national security adviser in his first term, joins CBS News 24/7 Mornings to discuss the current situation in the Strait of Hormuz as the U.S.-Iran feud ramps up. Source link
9m ago Shipping intel firm notes “growing loss of confidence” in Strait of Hormuz route pushed by Trump There’s a “growing loss of confidence” among shippers in using the southern route through the Strait of Hormuz, close to Oman’s coast, business intelligence firm Kpler said Wednesday. President Trump has repeatedly urged vessels to use … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Suspects arrested in connection with Texas swimmer’s death 01:40 Dangerous floods prompt rescues in Texas 01:46 Parasite outbreak spreads across U.S. 02:00 Now Playing Trump backs off Strait of Hormuz toll plan as cost of Iran war mounts 01:52 UP … Read more
What to know about the Iran war as Trump changes course on 20% fee for Strait of Hormuz cargo – CBS News Watch CBS News President Trump on Tuesday reversed his Monday proclamation about a 20% fee for cargo moving through the Strait of Hormuz. CBS News’ Ed O’Keefe and Aaron MacLean report. Source link
The U.S. and Iran have traded strikes for the third night in a row and the U.S. used an explosive sea drone for the first time to attack an Iranian port. Meanwhile, President Trump has claimed the U.S. will control the Strait of Hormuz and impose a 20% fee on cargo. Weijia Jiang reports. Source … Read more
President Trump says he changed his mind on a 20% fee he planned to impose on all cargo traversing the Strait of Hormuz. Mr. Trump commented on tensions with Iran as he met with Iraqi Prime Minister Ali al-Zaidi at the White House. CBS News’ Aaron Navarro and Courtney Kealy have more. Source link
President Trump on Tuesday reversed course on his decision to impose a 20% toll on ships passing through the Strait of Hormuz and said the U.S. military doesn’t need to have a presence in Iran. CBS News’ senior White House and political correspondent Ed O’Keefe and Middle East contributor Courtney Kealy report. Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Trump says he will back off plan to toll ships in Strait of Hormuz 07:23 UP NEXT Barrett testifies about swatting incident and threatening packages at hearing 02:18 Justice Kagan calls for additional Supreme Court security funding 02:24 … Read more
If President Trump were to make good on his declaration that the U.S. will impose a 20% fee on cargo transiting the Strait of Hormuz it could cost the largest vessels over $30 million per shipment, industry experts say, while logistics companies have called the concept illegal. It is not clear how the Trump administration … Read more