Trump proposes 20% toll on cargo through Strait of Hormuz; restarts Iran blockade

The Strait of Hormuz is a major oil shipping route and the epicenter of the U.S. and Israel's ongoing war with Iran.

# Trump proposes 20% toll on cargo through Strait of Hormuz; restarts Iran blockade The Strait of Hormuz is a major oil shipping route and the epicenter of the U.S. and Israel's ongoing war with Iran. **Read the full article:** [CNBC](https://www.cnbc.com/2026/07/13/trump-iran-hormuz-strait-charge-reimburse.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*