TRUMP: FROM NOW ON, A 20 PERCENT FEE FOR PASSAGE THROUGH STRAIT OF HORMUZ

WASHINGTON, JULY 13 /SRNA/ - US President Donald Trump announced that the United States will impose a 20 percent fee on all cargo passing through the Strait of Hormuz.

Trump explained that the fee would compensate for the costs of ensuring the security of this strategic waterway in that unstable part of the world, while at the same time the US would reimpose a blockade on Iranian vessels and their clients.

Trump said that the Strait of Hormuz is open and will remain open "with or without Iran," adding that the process of establishing this system will begin immediately.

"We are reinstating the Iranian blockade, called so because it only prevents Iranian vessels or their clients from entering or leaving. All other countries will have fair and open use of the strait," the US president wrote on his social media platform Truth Social.

The Strait of Hormuz, one of the world’s most important maritime routes for oil transportation, is at the centre of heightened tensions between Washington and Tehran over the freedom of navigation through this passage.