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US to take over Strait of Hormuz, charge 20 percent fee for cargo shipped through, Trump says
President Donald Trump announced the U.S. will take over the Strait of Hormuz and charge a 20% fee on all cargo shipped through the critical oil passage. He also stated the U.S. will reimpose a blockade on Iran while ensuring other countries have fair access to the strait.
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- Trump demands shipping vessels pay 20% if they want to get through the Strait of Hormuz
- Trump says US reinstating Hormuz blockade and charging ships for passage
- Trump says US will blockade Iran in the Strait of Hormuz and will charge ships for safe passage
- Trump says US will blockade Iran in the Strait of Hormuz and will charge ships for safe passage
- Trump reinstates Iranian blockade, says Strait of Hormuz will stay open