US imposes a 20% fee for transit through the Strait of Hormuz

US President Donald Trump announced a 20% fee on the value of cargo transported through the Strait of Hormuz. According to Trump, the revenue will compensate the United States for the cost of ensuring safe navigation through one of the world’s most important maritime trade routes. He also said the US would become the “Guardian of the Strait of Hormuz” and keep the waterway open for international shipping.

The decision comes amid a sharp escalation of tensions between the United States and Iran. Following new attacks on commercial vessels, Washington announced the restoration of its naval blockade of Iran, while Tehran claims the strait is closed and rejects the US claim to control this strategic shipping route.

The Strait of Hormuz is one of the world’s most important energy corridors, handling a significant share of global exports of crude oil and liquefied natural gas from the Persian Gulf. Any restrictions on navigation or additional transit charges could significantly increase shipping costs and affect global energy prices.

So far, the US administration has not released details on how the new 20% fee will be collected or clarified whether it will be paid by shipowners, cargo owners, or other parties involved in maritime transport. These issues remain unresolved.

The new measure could have implications not only for energy markets but also for global trade. Higher shipping costs through the Strait of Hormuz could increase logistics expenses for exporters and importers while supporting further gains in crude oil, fuel, and other commodity prices.

Tags: Hormuz, Iran, USA