Iran's strategy could keep oil prices at $200
Having so far prevented Iran from collecting tolls in the Strait of Hormuz, the United States itself is now trying to collect tolls. US President Donald Trump has announced a 20 percent fee on all cargo ships passing through the Strait of Hormuz. However, a few weeks ago, US Secretary of State Marco Rubio had said that no country can charge a fee for using international waterways. Such a double-dealing behavior by the Trump administration has given rise to intense debate.
Keep updated, follow The Business Standard's Google news channel
