President Donald Trump said the 20% fee on cargo was necessary to "do the job of providing safety and security" to the region.
Source: [Business Insider](https://www.businessinsider.com/trump-strait-hormuz-blockade-cargo-fee-2026-7)
Kalshi retained most of the profits, which were more than $90,000, from the trades made on public statements by President Trump.
4 points, 0 comments on Hacker News
President Trump will deliver a primetime speech on Thursday, and while he hasn’t specified the topic, there are plenty of issues swirling that he could address. It comes at a time when he is under considerable pressure, with low approval ratings, the war in Iran, and recent shootings involving I...
At the 2026 ESPYs, Jordyn Woods and Alysa Liu wore some of the best outfits of the night, while others missed the mark on the red carpet.
H. R. McMaster, a CBS News contributor and President Trump's former national security adviser in his first term, joins CBS News 24/7 Mornings to discuss the current situation in the Strait of Hormuz as the U.
Citigroup’s credit traders and analysts are recommending their hedge fund clients short bonds issued by French shipping giant CMA CGM Group, according to people familiar with the matter.