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Trump Restarts Iran Blockade as US Plans 20% Hormuz Charge

President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway.

Trump Restarts Iran Blockade as US Plans 20% Hormuz Charge

President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway.

Geopolitics Bloomberg Jul 13, 2026

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