Topic: Joint Venture

1 chapters across the catalog

Splashdown
Episode 1859 1:10:09 - 1:11:51

1859: Splashdown

Trump Proposes Joint Venture for Strait of Hormuz Tolls

In response to Iran's demand for permanent control and tolling rights over the Strait of Hormuz, President Trump has proposed a "joint venture" where the U.S. and Iran would share the revenue from shipping fees. Trump justified the proposal by claiming the U.S. is the victor in the conflict and should therefore benefit from the transit of tankers. Meanwhile, Israel continues military strikes in Lebanon to prevent a Hezbollah-led coup.