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Trump Says US ‘Reinstating’ Blockade of Iranian Ports, Will Charge 20% Fee for Hormuz Strait Transit

President Trump on Monday said that the US was “reinstating” the blockade of Iranian ports and would also charge a 20% fee for all cargo shipped through the Strait of Hormuz, a declaration that came after US officials had repeatedly said it would be illegal for Iran to charge fees for ships passing through the […]
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May 26, 2026 / Tyler Durden
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Apr 22, 2026 / Tyler Durden
Iran Fires On Third Ship In Hormuz Chokepoint, Says US Navy Blockade 'No Different Than Bombing'

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