Trump Warns Iran on Hormuz Tolls as Energy Crunch Prompts Japan to Release More Oil

(Reuters) – U.S. 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 … Read more