The Star·3 min read·medium
Trump: Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo
T
The Star Online
✦AI Summary
President Donald Trump announced the reinstatement of a naval blockade on Iran and plans to charge a 20% fee on all cargo passing through the Strait of Hormuz. Trump claims the U.S. will act as the 'guardian' of the waterway to ensure global energy security.
WASHINGTON, July 13 (Reuters) - President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strait of Hormuz after Tehran claimed it had closedthe vital waterway.
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