Trump imposes new Iran blockade and 20% Hormuz toll
U.S. President Donald Trump announced on July 13 (local time) that the United States will reinstate a naval blockade on Iranian ports and coastal waters, while levying a 20% "security fee" on cargo transiting the Strait of Hormuz.
Following the announcement, the U.S. Central Command (CENTCOM) declared that the blockade would take effect at 4:00 PM on July 1..