IRGC Warns Additional Export Corridors Could Be Closed Threat Follows Strait of Hormuz Closure and Renewed U.S. Blockade Iran’s Islamic Revolutionary Guard Corps has threatened to close additional strategic export corridors that it says benefit the United States and its allies, according to Iranian media reports. The warning comes after Iran’s reported closure of the […]
U.S. President Donald Trump has abandoned his proposal to impose a 20% transit fee on ships passing through the Strait of Hormuz, announcing instead that the United States will pursue trade and investment agreements with Gulf nations as compensation for Washington’s role in securing one of the world’s most strategically important maritime routes. The policy […]
U.S. President Donald Trump has declared that the United States will become the “guardian” of the Strait of Hormuz, saying Washington should take control of the strategic waterway and be compensated by allied nations for ensuring its security as tensions with Iran continue to escalate. Speaking during a television interview on Monday, Trump argued that […]