Trump: Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo

WASHINGTON, July 13 (Reuters) - President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strait of Hormuz after Tehran claimed it had closedthe vital waterway.

"The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran.

We are reinstating THE IRANIAN BLOCKADE," Trump said on Truth Social.