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$30 Million Fee For One Oil Supertanker? Trump's 20% Hormuz Math Explained
India Latest News, Breaking News Today, Top News Headlines | Times Now
— July 14, 2026 at 01:56 AM UTC
Trump has proposed a 20% "reimbursement" on all cargo passing through the Strait of Hormuz, potentially costing around $30 million for each fully loaded crude oil supertanker.
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India Latest News, Breaking News Today, Top News Headlines | Times Now
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