For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.
The U.S. military announced it will begin its blockade of Iranian ships over the Strait of Hormuz on Tuesday, as Iran vowed to assert its own control over the critical international waterway.
After several days of strikes, the president notified Congress that fighting had begun again and announced shipping fees that his administration previously deemed illegal.