Donald Trump announces US will charge of 20% toll and reimpose naval blockade on Strait of Hormuz
U.S. President Donald Trump declared that the United States will resume a naval blockade of Iran and act as the “guardian” of the Strait of Hormuz. He said the waterway remains open, but the U.S. will charge a 20 % fee on the value of all cargo transiting the strait to cover security costs. The measure is to take effect immediately and will apply to Iranian‑flagged vessels, while other ships may pass under the new fee regime.
Centcom reported a third consecutive night of U.S. strikes on Iranian targets, including missile sites, drone facilities and a submarine‑maintenance installation, aimed at reducing Iran’s ability to attack commercial shipping. Iran responded with attacks on U.S. bases in Bahrain, Kuwait, Jordan and Oman, and warned that any U.S. interference would be considered an act of war.
The heightened tension has pushed Brent crude to its highest level in weeks, trading near $80‑$85 per barrel, reflecting market fears of disrupted oil supplies through the strait, which carries about one‑fifth of global oil flow. Analysts note the risk premium added to oil prices and the sharp decline in tanker traffic through the Hormuz corridor.
The cease‑fire agreement signed on 17 June is now described by Trump as ended, and diplomatic talks are stalled as both sides increase military pressure.