U.S. President Donald Trump has announced that the United States would reinstate a naval blockade on Iran and seek a 20% reimbursement fee on all cargo passing through the Strait of Hormuz to help cover maritime security costs.
In a post on social media, Trump said the strategically important waterway would remain open “with or without Iran.” He added that the United States was prepared to act as the “guardian” of the Strait of Hormuz to ensure the safe movement of international shipping through the region.
The statement comes at a time of growing tensions between Washington and Tehran after Iran claimed it had closed the Strait of Hormuz, one of the world’s busiest oil shipping routes. The development has raised fresh concerns over global energy supplies, international trade, and stability in the Middle East.
The Strait of Hormuz is a vital maritime passage through which a significant share of the world’s oil and gas exports is transported each day. Any disruption to shipping in the area could have a major impact on global energy markets and increase geopolitical tensions across the region.
