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U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’

  • Posted on July 13, 2026
  • By Fortune
  • 0 Views
  • 1 min read
In brief

Tensions escalate between the United States and Iran as Washington intensifies military operations against Iranian targets. Meanwhile, Tehran responds with sarcasm to Trump's policy shift regarding transit fees through the Strait of Hormuz, a critical global shipping route. Iranian officials suggest implementing fair compensation rates for ensuring maritime security, contrasting with earlier demands for a 20% toll on commercial vessels passing through this strategically vital waterway.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’

“POTUS is absolutely right. Whoever provides secure and safe passage of commercial vessels through the Strait of Hormuz should be compensated for this service.”
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Author
Fortune

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