business
One Picture World | Trump Threatens a 20% Toll — Why the Strait of Hormuz Remains a Flashpoint

Translator's note: This piece is published by The Paper (澎湃新闻) as an infographic, with the original explanatory text in Chinese. The chart above examines why the Strait of Hormuz — through which roughly a fifth of the world's seaborne oil passes — remains a focal point of geopolitical tension, following U.S. President Donald Trump's threat to impose a 20% "transit toll" on vessels using the waterway. The key points are captured in the headline above.