Trump says US will levy 20% toll for safe passage through Strait of Hormuz
- Posted on July 13, 2026
- By Evening Standard
- 1 Views
- 1 min read
The Trump administration has announced a controversial 20% toll policy for vessels transiting the strategically critical Strait of Hormuz, one of the world's most important energy chokepoints. The announcement includes plans to reinstate comprehensive blockades targeting Iranian ports. This geopolitical move aims to maintain maritime security while generating revenue, though it raises concerns about global shipping costs and international trade dynamics in the Middle East region.
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