US warns shipping firms over paying tolls in Strait of Hormuz; Iran says war 'likely' to restart
🔴 Tension RisingThe Federal2026-05-02
The US is warning shipping companies about sanctions risks related to collecting tolls in the Strait of Hormuz, escalating tensions. Iran has indicated a possibility of the US-Israel war restarting, raising concerns about further conflict. President Trump rejected Iran’s proposal and the US is expected to continue its military pressure on Iran.