{"id":433588,"date":"2026-07-13T21:31:54","date_gmt":"2026-07-13T14:31:54","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/trump-reimposes-iran-blockade-places-20-toll-on-hormuz-shipping-433588\/"},"modified":"2026-07-13T21:31:54","modified_gmt":"2026-07-13T14:31:54","slug":"trump-reimposes-iran-blockade-places-20-toll-on-hormuz-shipping","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/trump-reimposes-iran-blockade-places-20-toll-on-hormuz-shipping-433588\/","title":{"rendered":"Trump reimposes Iran blockade, places 20% toll on Hormuz shipping"},"content":{"rendered":"<div>\n<p>Trump writes on Truth Social:<\/p>\n<blockquote><p>The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran.<br \/>\nWe are reinstating the THE IRANIAN BLOCKADE, so named because it is only<br \/>\n stopping Iran\u2019s ships or customers from entering or leaving. All other<br \/>\ncountries will have fair and open use of the Strait. The U.S.A. will be,<br \/>\n from this point forward, known as \u201cTHE GUARDIAN OF THE HORMUZ STRAIT,\u201d<br \/>\nbut as such, and as a matter of FAIRNESS, will be reimbursed, at the<br \/>\nrate of 20% on all cargo shipped, for any and all costs necessary to do<br \/>\nthe job of providing safety and security to this very volatile section<br \/>\nof the World. The process and formation will begin immediately. Thank<br \/>\nyou for your attention to this matter! President DONALD J. TRUMP<\/p><\/blockquote>\n<p>Trump hinted at this earlier but 20% is a heavy toll to pay.<\/p>\n<p>This is a strange strategy, as it&#8217;s only going to turn Gulf allies against the US as the toll is larger than what they would be paying Iran.\u00a0Media reports suggested Iran was looking to charge ~$2M per ship in Hormuz.  Trump just said the US is looking to charge a ~20% tax on the value of all goods flowing through the waterway in exchange for US protection. That would work out to roughly $30 million per ship and they would still face the risk of drone attacks and high insurance. \ufeff\ufeff<\/p>\n<p>Gold is down $95 to $4024 and oil is up more than 5% to the highs of the day, up about 1.6 percentage points since the announcement.<\/p>\n<p>An interesting detail here is &#8220;the process and formation will begin immediately&#8221; which sounds like the US is going to try to form a convoy of ships to enter\/exit the Strait. Normally, there are 100 tankers a day transiting the Strait and an abundance of other ships. It&#8217;s going to be a monumental effort to continue that, perhaps indefinitely. Moreover, the 20% tax is a fairly heavy burden on exporters.<\/p>\n<p>                            This article was written by flc97fe4880a4b454993821fe0b770a597 at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump writes on Truth Social: The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran. We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433588","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433588"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433588\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}