politics
Trump Says U.S. Will Guard Strait of Hormuz, Charge 20 % Transit Fee, and Blockade Iranian Ports
President Donald Trump announced the U.S. will guard the Strait of Hormuz and impose a 20 per cent cargo fee. Oil prices rose after missile exchanges, while separate Australian developments included housing polls, an AI copyright proposal, union pressure, and the death of actor Sam Neill.
Jul 13, 5:28 PM·1m read1 source
The Sydney Morning HeraldAudio version
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President Donald Trump stated that the U.S. will guard the Strait of Hormuz and charge ships a fee equal to 20 per cent of their cargo value to pass safely, The Sydney Morning Herald reported on July 14. Oil prices rose after days of missile exchanges across the strait, and the U.S.
Is scheduled to blockade Iranian ports the same day. New polling showed a growing majority of Australians want house prices to fall, in some cases by more than 20 per cent. AI companies offered to create a fund to pay artists in exchange for a copyright exemption, but the proposal was rebuffed ahead of a major speech on the technology by Prime Minister Anthony Albanese scheduled for July 14.
A former senior official who oversaw redevelopment of a Victorian hospital said the state government intervened to direct public servants to sack a company disliked by the CFMEU. Actor Sam Neill died aged 78 in Sydney on July 13, and tributes continued to flow around the world.
