Trump says U.S. reinstating Iran blockade in Strait of Hormuz
Trump says the U.S. will be known as "THE GUARDIAN OF THE HORMUZ STRAIT," and will charge 20% on all cargo shipped via the waterway to cover security costs.

President Trump said Monday that the U.S.’s naval blockade on the Strait of Hormuz will be reinstated as both Washington and Tehran fight for control of the crucial waterway after strikes were exchanged over the weekend. “The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran,” Trump wrote on Truth Social. “We…
Trump says the U.S. will be known as "THE GUARDIAN OF THE HORMUZ STRAIT," and will charge 20% on all cargo shipped via the waterway to cover security costs.
Tehran says the fallout has already reached the negotiating table with their foreign ministry claiming Trump's memorandum of understanding with Iran has entered a 'crisis phase.'
President Donald Trump announced Monday that the United States will reinstate its naval blockade of Iran and be "reimbursed, at the rate of 20% on all cargo shipped" through the Strait of Hormuz, a levy he did not explain.Trump said the strait itself would stay open to every country other than Iran. Hours earlier, in a call-in to Fox News, he said: "We're…
Brent crude rises 5% after US president says 20% toll will be imposed on key trade route to cover ‘safety and security’Business live – latest updatesOil prices rose 5% on Monday as Donald Trump reinstated the US blockade of Iranian shipping in the Gulf and will charge other countries to pass through the strait of Hormuz.As the US and Iran exchanged strikes…
The US is "taking out" all of Iran’s capability that has anything to do with the Strait of Hormuz and will "end up just controlling the whole thing" in the end, President Donald Trump says in the Oval Office. (Source: Bloomberg)
The U.S. military announced it will begin its blockade of Iranian ships over the Strait of Hormuz on Tuesday, as Iran vowed to assert its own control over the critical international waterway.
Trump announced the concept on Monday — after months of rejecting Iran's plan for post-war tolls — in what could amount to a negotiating tactic.
Iran said that it was once again closing the Strait of Hormuz on July 11, but United States authorities report that it remains open. Which is correct?