The Strait of Hormuz: A New Era of Naval Blockades and Bureaucratic Saber Rattling The US has announced plans to reinstate a naval blockade on Iran in the Strait of Hormuz, with ships set to be charged 20% on cargo for security costs.
This move has sent shockwaves through the global shipping community, with many questioning the true motives behind it.
The Strait of Hormuz is one of the world's most critical oil shipping lanes, and both Iran and the US have long vied for control over it.