Trump's call for Hormuz toll legitimises Iran's claim for fees: Verrender | ABC NEWS
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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. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-07-14/iran-united-states-war-blog-july-14-2026/106912082 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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