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U.S. announces 20% toll on ships using Hormuz; what Trump’s Iranian blockade means

Subscribed with another email? Logout and Login with that one. Account subscription benefits alongside Premium Stories, Editorials, Opinions and more. Unlock these with Subscription U.S. President Donald Trump. File photo | Photo Credit: Bloomberg US President Donald Trump on Monday (July 13, 2026) said the United States was “reinstating” a blockade on Iran in the Strait of Hormuz and, in a move that appeared to mark a shift in policy, would charge other vessels for safe passage. The announcement followed an Iranian attack on a container vessel in the Strait of Hormuz on Sunday (July 12, 2026). Iran has maintained control over the strategic route for international oil and gas shipments since the conflict involving the United States and Israel began. Trump said in a social media post. “All other countries will have fair and open use of the Strait.” He said the United States would be “reimbursed” through a levy amounting to 20 per cent of the value of cargo passing through the waterway, to cover “any and all costs necessary to do the job of providing safety and security”. Trump said. “All other countries will have fair and open use of the Strait.” He said the levy would help cover “any and all costs necessary to do the job of providing safety and security to this very volatile section of the World”.