Breaking | US to restore Iran blockade, charge fees for Strait of Hormuz shipping
- Posted on July 13, 2026
- By South China Morning Post
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- 1 min read
The Trump administration announces a comprehensive strategy targeting Iran's maritime trade through renewed economic sanctions and strategic toll mechanisms. Commercial vessels navigating the Strait of Hormuz will face a 20% transit fee, while Iranian-flagged ships and vessels engaged in Iran trade face complete prohibition. This policy aims to maximize economic pressure on Tehran and reinforce US leverage in regional geopolitics while generating revenue from international shipping routes.
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