Bullstory
Jul 12, 2026

Trump Announces 20% Fee on Cargo Passing Through Hormuz

Donald Trump announced on 2026, 7, 13 that a 20% fee will be imposed on cargo passing through the Strait of Hormuz. During this period, the U.S. carried out attacks on Iran's missile systems near the strait, while the International Maritime Organization opposed any fees in the area.


Trump Announces 20% Fee on Cargo Passing Through Hormuz

Donald Trump announced on 2026, 7, 13 that the United States will impose a 20% fee on cargo passing through the Strait of Hormuz. From an investor's perspective, this statement signals a shift in the cost structure of a key maritime transit route.

Trump also indicated on the same day that the U.S. has resumed blockades on Iranian vessels. The U.S. is reportedly already attacking Iran's missile systems around Hormuz.

The security situation in the region has deteriorated recently, as Iran has attacked commercial ships passing through Hormuz multiple times over the past week. Consequently, there are disruptions to navigational safety, insurance rates, and shipping schedules.

The International Maritime Organization (IMO) has opposed any fees on the strait, stating that blanket fees on these corridors may conflict with international shipping norms.

The Strait of Hormuz is a major oil transit route, and military and political tensions surrounding the area are likely to have immediate implications for oil prices and shipping company performance.

The announced measures encompass a series of military conflicts, blockade declarations, fee proposals, and opposition statements from international organizations that occurred between 2026 and 7, 12 to 13. There may be potential changes as further announcements are made.

Sources: CNBC,Reuters,CNBC Top News,Yahoo Finance

Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.