What specific financial demand did Trump make regarding cargo transiting the Strait of Hormuz, and how does it apply to Iranian versus non-Iranian vessels?

Trump demanded a '20% reimbursement on all cargo shipped' through the Strait of Hormuz, applying to all non-Iranian vessels, while simultaneously announcing the US would 'reinstate its blockade of Iranian ships transiting the Strait of Hormuz'—meaning Iranian ships would be barred entirely from entering or leaving the waterway.

How did Iran respond to Trump’s announcement, and what did it say about the status of the US–Iran interim peace agreement?

Iran declared that the agreement with the US has 'undoubtedly entered a crisis phase' and stated it 'won’t abide by its terms as long as the other party violates commitments,' asserting that any challenge to its authority in the strait breaches the interim peace agreement, which provided for toll-free commercial shipping during a 60-day negotiating window and required Tehran to ensure safe passage of vessels.

Trump Proposes 20% Fee on Cargo Transiting Strait of Hormuz

Jul 13, 2026

President Trump announced plans to impose a 20% fee on cargo transiting the Strait of Hormuz while blocking Iranian ships. The move has already pushed oil prices higher and raised concerns among shipping markets regarding international law and supply chain stability.

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