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Trump announces renewed Iran shipping blockade, proposes 20% cargo fee for Hormuz security

Trump announces renewed Iran shipping blockade, proposes 20% cargo fee for Hormuz security

By The South Asia Times

WASHINGTON — U.S. President Donald Trump announced a new maritime policy on Monday declaring that the Strait of Hormuz would remain open to international shipping while reinstating what he described as an "Iranian blockade" targeting only Iranian vessels and their customers.

 

In a post on his Truth Social platform, Trump said the strategic waterway would remain accessible to all countries except for ships linked to Iran.

 

"The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran," Trump wrote.

 

He said the United States was reinstating "the Iranian blockade," describing it as a measure that would prevent only Iranian ships or their customers from entering or leaving through the vital shipping lane.

 

Trump also declared that the United States would henceforth be known as "The Guardian of the Hormuz Strait" and proposed charging a 20% fee on all cargo transiting the waterway to reimburse Washington for the costs of maintaining maritime security.

 

"As a matter of fairness, [the United States] will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the world," he wrote, adding that the process would begin immediately.

 

The White House has not yet released details on how such a fee would be implemented, whether it would require congressional approval, or how it would be enforced under international maritime law.

 

The Strait of Hormuz, located between Iran and Oman, is one of the world's most strategically important maritime chokepoints. Roughly one-fifth of global oil consumption and significant volumes of liquefied natural gas pass through the narrow waterway, making its security critical to global energy markets.

 

Trump's announcement comes amid renewed tensions between Washington and Tehran following recent military exchanges and heightened concerns over maritime security in the Gulf. 

 

The proposed cargo levy, if implemented, could have significant implications for global shipping, energy prices, and international trade, as commercial vessels from dozens of countries transit the Strait of Hormuz each day. Whether other nations and major shipping companies would recognize or comply with such a charge remains unclear.

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