Oil prices rose and stocks fell on Wednesday following US President Donald Trump’s speech in which he warned he would hit Iran “extremely hard” over the next two to three weeks. Meanwhile, Iran has reportedly begun collecting tolls from ships seeking safe passage through the Hormuz Strait. We’ll take a closer look at how this process is unfolding and whether it could be formalised. Also in this edition, SpaceX has filed for what could become the world’s largest ever Initial Public Offering.
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Source: France 24
Iran sets up 'tollbooth' in Strait of Hormuz for ships seeking safe passage
France 24
April 02, 2026
09:26 GMT
Oil prices rose and stocks fell on Wednesday following US President Donald Trump’s speech in which he warned he would hit Iran “extremely hard” over the next two to three weeks. Meanwhile, Iran has reportedly begun collecting tolls from ships seeking safe passage through the Hormuz Strait. We’ll take a closer look at how this process is unfolding and whether it could be formalised. Also in this edition, SpaceX has filed for what could become the world’s largest ever Initial Public Offering.
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Oil prices rose and stocks fell on Wednesday following US President Donald Trump’s speech in which he warned he would hit Iran “extremely hard” over the next two to three weeks. Meanwhile, Iran has reportedly begun collecting tolls from ships seeking safe passage through the Hormuz Strait. We’ll take a closer look at how this process is unfolding and whether it could be formalised. Also in this edition, SpaceX has filed for what could become the world’s largest ever Initial Public Offering.
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