Source snapshotPublisher wording captured Jul 14, 2026, 2:45 AM
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Trump's Strait of Hormuz blockade erases last concession to Iran in preliminary deal
Trump's reimposing a naval blockade and levy charges on commercial ships crossing the Strait of Hormuz unravels the last threads of the preliminary peace deal with Iran.
ABC Top Stories reporting35 sentences analyzed5,760 captured characters
President Donald Trump announced Monday he will reimpose a naval blockade on Iranian ports and levy new charges on commercial ships crossing the Strait of Hormuz -- a move that unravels the last threads of the preliminary peace deal with Iran while introducing a new and controversial strategy apparently aimed at recouping some costs incurred during the conflict.
"All other countries will have fair and open use of the Strait," Trump said in a post on his social media platform, saying the U.S. would become "THE GUARDIAN OF THE HORMUZ STRAIT," and that "as a matter of FAIRNESS" would be "reimbursed" 20% the cost of cargo shipped through the strategic waterway in exchange for providing safe passage.
"We guarded the strait for 50 years and never got paid for it," Trump said in an interview on Fox News on Monday.
"We want to be reimbursed for this -- for putting our people in danger."
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