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Oil markets reel as President Trump revives his naval blockade in the Strait of Hormuz and demands a 20% toll charge.
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Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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More than 70 people were injured, with 24 of them still in critical condition, according to a statement by the Bangkok Metropolitan Administration.
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President Donald Trump's plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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Survivors and first reporters reported doors being locked and the lack of signage marking emergency exits.
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Dwindling hopes of a Mideast peace deal and a tech sell-off sent U.S. benchmark indexes lower overnight, while Asia markets traded lower Tuesday.
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President Trump said the United States could collect tolls or fees, despite Vice President JD Vance and Secretary of State Marco Rubio saying no country could do so.
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