Bloomberg Reporter: US Profit from Strait of Hormuz is About $15 Per Barrel of Oil

Former U.S. President Donald Trump has proposed that the United States charge a 20 percent fee in exchange for protecting shipping in the Strait of Hormuz. The proposal comes after a Bloomberg reporter had previously estimated U.S. gains from the Strait of Hormuz at about $15 per barrel of oil.

• Donald Trump has proposed that the U.S. charge a 20 percent fee in exchange for protecting the Strait of Hormuz.
• A Bloomberg reporter had previously estimated U.S. gains from the Strait of Hormuz at about $15 per barrel of oil.. Coverage difference: CNN focuses on Donald Trump’s specific proposal to charge a 20 percent fee for protecting the Strait of Hormuz. Etemad, citing a Bloomberg reporter, addresses the economic aspect of U.S. gains from the Strait of Hormuz, namely about $15 per barrel of oil.