Trump reinstates Iran port blockade and vows 20% charge on cargo passing through Hormuz
President Donald Trump also said the US will impose a 20% charge on all Strait of Hormuz cargo/ President Donald Trump has said the US is reinstating a naval blockade of Iranian ports and will impose a 20% charge on all cargo shipped through the Strait of Hormuz, following days of escalating strikes between the two countries. He said this would stop "Iran's ships or customers" from entering or leaving the key oil shipping route, but "all other countries will have fair and open use of the Strait". The blockade will be in effect from 16:00 ...
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