What specific action did President Trump announce regarding the Strait of Hormuz, including any financial implication?

President Donald Trump announced that the US is reinstating its blockade of Iranian ports and vessels transiting the Strait of Hormuz and plans to take control of the waterway, stating the U.S.A. will be known as 'THE GUARDIAN OF THE HORMUZ STRAIT' and will charge a 20% reimbursement fee on all cargo shipped through it to cover safety and security costs.

How has the escalation between the US and Iran affected vessel traffic through the Strait of Hormuz, according to real-time tracking data?

According to the Strait of Hormuz tracker, only 21 vessels transited the Strait in the past 24 hours — down from 40–50 per day during the ceasefire and around 150 per day before the war — reflecting a sharp slowdown due to the renewed US–Iran escalation.

US Reinstates Strait of Hormuz Blockade, Threatens to Take Control of Waterway

Jul 13, 2026

President Trump announced a US blockade and potential control of the Strait of Hormuz, driving crude oil prices above $75/barrel. The escalation threatens global energy security and disrupts chemical supply chains, impacting polymers and bulk shipments.

icis

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