Strait of Hormuz — Ekhbary News Agency
The ongoing exchange of strikes between Iran and the United States continues to escalate, with tankers reportedly facing Iranian attacks in the vital Strait of Hormuz. Former President Donald Trump announced on Monday, July 13, the re-imposition of a naval blockade on Iranian ports.
New Economic Pressures
Additionally, Trump declared intentions to levy a 20% tax on all goods transiting the strait, ostensibly for American security provisions. This strategic shift, for what it's worth, marks a departure from his previous stance advocating simple reopening of the waterway.
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Geopolitical Stakes
Political scientist Sébastien Boussois highlights the complex power dynamics at play, suggesting both nations assert control over this crucial maritime corridor. The move underscores the persistent geopolitical struggle over global trade routes.
