Former U.S. President Donald Trump announced the reinstatement of a naval blockade targeting Iran, stating that only Iranian vessels and their clients would be barred from passing through the Strait of Hormuz. All other international maritime traffic would remain unrestricted.
U.S. Assumes Role as ‘Guardian of the Strait’
Trump declared that the United States would assume the role of “Guardian of the Strait of Hormuz” and impose a 20% tariff on all cargo transiting the waterway. He asserted that the fee would cover the costs associated with the U.S. security mission in the region.