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World · 13 July 2026

Trump's 20% charge for Strait of Hormuz shipping returns

Trump's 20% charge for Strait of Hormuz shipping returns

Image by mohdizzuanbinroslan on Freepik

Higher transport costs and disrupted trade could affect people if shipping through the waterway remains under pressure. Donald Trump said on Monday the United States had resumed its blockade of Iranian shipping after fresh missile and drone attacks between the two sides. He also said cargo using the Strait of Hormuz would face a 20% charge under US protection.

Reported by City AM · How we write briefs

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