Trump says US will reinstate Strait of Hormuz blockade and impose 20% charge on cargo
Trump said the fee would cover security costs as vessel activity through the strait fell 52%, MarineTraffic said.
- On Monday, President Donald Trump announced the U.S. is reinstating a naval blockade on Iranian vessels in the Strait of Hormuz, declaring America "THE GUARDIAN OF THE HORMUZ STRAIT" and imposing a 20% security fee on all transiting cargo.
- The collapse of the June memorandum of understanding shattered the interim peace agreement, as renewed exchanges of fire between U.S. forces and Iran prompted this policy shift following failed negotiations.
- U.S. Central Command struck roughly 140 targets across Iran on Sunday, including missile and drone launch sites, degrading Iranian naval capabilities after the Islamic Revolutionary Guard Corps launched retaliatory attacks.
- Vessel traffic through the waterway declined by about 52% over July 10-12, while Brent crude oil prices jumped nearly 5% on Monday, reflecting immediate market disruption and shipping concerns.
- The International Maritime Organization warned there is "no legal basis" for mandatory transit tolls, creating enforcement hurdles as the U.S. seeks to implement the "Guardian" security model amid regional instability.
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‘Head Spinning': Trump Jumps the Gun and Leaves Marco Rubio Looking Like a Fool with Big Announcement, Then Humiliatingly Reverses Course One Day Later
President Donald Trump is already walking back his plan to charge a 20 percent fee on ships traveling through the contested Strait of Hormuz. It […] ‘Head Spinning’: Trump Jumps the Gun and Leaves Marco Rubio Looking Like a Fool with Big Announcement, Then Humiliatingly Reverses Course One Day Later
Iran War: Trump TACOs on Strait of Hormuz Fee as Blockade Starts but Again Threatens to Attack Iran Energy and Critical Infrastructure as Iran Warns of Closure of Bab el-Mandeb, Destruction of Gulf State Energy Production
Today's Iran war news: Trump's continued ferocity is way out of line compared to what the US can achieve. So what might transpire?
US-Iran truce collapses as attacks worsen, blockade restarts
(TNS) — The interim peace between the U.S. and Iran effectively collapsed after American forces reimposed a naval blockade and launched another wave of airstrikes, while Tehran attacked more oil tankers sailing through the Strait of Hormuz.
6 Things I Would (Not) Do as President of the United States
( Tom Engelhardt Substack ) – The first thing I swear I won’t do, if the American people were to elect me (at 82 years of age) president of these (dis)United States of ours is to put any more algae in the Lincoln Memorial Reflecting Pool in Washington, D.C., or, for that matter, any more millions of (our tax) dollars into making it ever greener (as Donald Trump has already done with $16.4 million of them). Oh, and talking about that presidential…
Donald Trump has been trying for months to force Iran to lift the partial blockade in that crucial step for the world's oil trade.The Persian country's military capabilities and the risks Washington faces.
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