Trump proposes 20% cargo fee for ships in Strait of Hormuz, rattling oil and crypto markets

Donald Trump proposed a 20% cargo fee for ships in the Strait of Hormuz after the Iran ceasefire collapsed. This initiative could escalate tensions, disrupt global trade routes, and significantly impact international shipping and oil prices. The proposal has already rattled oil and crypto markets. Experts suggest it may elevate energy costs and potentially drive increased crypto adoption for sanctions evasion, reflecting a volatile shift in geopolitical strategy and global economic stability.