Trump announces a fee of 20% on cargo passage in Hormuz and restoration of blockade.

President Trump announced on 2026year 7month 13day that a fee of 20% will be imposed on cargo passage as part of protecting the Strait of Hormuz. This announcement directly affects international vessels passing through the strait.

Trump stated that the U.S. military should be compensated for its role in protecting the strait. He specifically mentioned imposing a fee of 20% on cargo passage.

On the same day, Iran announced that it had closed the Strait of Hormuz due to a shipping accident. This announcement further escalates tensions between both sides.

Trump reaffirmed his intention to reinstate the lockdown, stating that relevant measures could be implemented immediately. He added that the specific enforcement methods and the range of target vessels would be explained in a subsequent announcement.

This measure may change the cost structure related to commercial cargo passing through the Strait. The announcement date is December , Year . 2026 7 13

Legal and operational procedures regarding site safety, route control, and toll collection will be specified through further notices. The key points announced thus far are as stated above.