2026-04-09 05:35:13

#Oil

🛢 Oil companies are pressuring the White House over the Strait of Hormuz.

Representatives of the oil industry have opposed the idea of charging for passage through the Strait of Hormuz as part of Donald Trump's plan.

➥ This could add up to ~$2.5 million in additional costs for each oil shipment.
➥ Risk of sanctions violations when paying Iran for vessel passage through the strait.
➥ Dangerous precedent – similar fees could appear on other key routes.

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