Trump announces US as 'Guardian of the Hormuz Strait,' proposes $30 mn cargo fee; here's how it compares with Tehran's

Jul 14, 2026 - 01:45
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Trump announces US as 'Guardian of the Hormuz Strait,' proposes $30 mn cargo fee; here's how it compares with Tehran's
US President Donald Trump said Washington could become the ‘Guardian of the Hormuz Strait’ and proposed a 20% cargo reimbursement, potentially costing oil supertankers about $30 million per voyage. The proposal has drawn comparisons with Iran's reported transit charges.

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