Trump says US will charge 20% fee on all cargo shipped through Strait of Hormuz

US President Donald Trump said Monday that the United States will serve as the "guardian" of the Strait of Hormuz and be "reimbursed" at a 20 percent rate on all cargo shipped through the crucial waterway.

In a social media post, Trump also said that the US is reinstating its naval blockade of Iranian ports, weeks after it had been lifted, as disruptions to commercial traffic through the strait -- a crucial shipping route for oil, natural gas and other commodities -- continued amid the Middle Ea