Trump warns Iran on Hormuz tolls as energy crunch prompts Japan to release more oil
US President Donald Trump warned Tehran not to charge tolls on ships crossing the Strait of Hormuz, as a mounting global energy crisis prompted Japan on Friday to announce a further emergency oil release.
The Iran war has damaged Gulf energy production, stranded tanker traffic, and boosted oil prices by about 50% in the world's worst energy shock, with Asian buyers among the hardest hit.
"There are reports that Iran is charging fees to tankers going through the Hormuz Strait," Trump wrote in a post on Truth Social. "They better not be and, if they are, they better stop now."
"That is not the agreement we have!" Trump said.