Trump's 'guardian' fee: How much would supertanker have to pay to cross Hormuz
Trump, after threatening a renewed US naval blockade, has said that ships will be allowed safe passage via Hormuz for a 20% toll. (AP Photo)
Trump, after threatening a renewed US naval blockade, has said that ships will be allowed safe passage via Hormuz for a 20% toll. (AP Photo) Trump’s 20% toll: What it means the levy would amount to roughly $30 million for a fully loaded supertanker carrying crude oil.
The estimate is based on current crude prices of about $80 per barrel. A typical supertanker has the capacity to transport around 2 million barrels of oil.
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