President Donald Trump announced the reinstatement of a U.S. blockade on Iran in the Strait of Hormuz, barring Iranian vessels and imposing a 20% toll on other ships, following failed peace talks and escalating military exchanges. The move aims to secure the vital oil passage and cover security costs amid Iran's assertion of control over the strategic waterway, drawing international concern over freedom of navigation and regional stability.
President Donald Trump announced on Monday that the United States is reinstating a blockade on Iran in the Strait of Hormuz and will impose a 20% toll on ships for safe passage.
This comes after a heavy exchange of fire threatened negotiations aimed at ending the ongoing war. Trump stated on social media that Iranian ships will be barred from the strait while all other nations will have fair and open access. He asserted the toll would cover costs associated with ensuring safety and security in the volatile region.
The Strait of Hormuz is a critical chokepoint for global oil and gas shipments, with a fifth of the world's supply passing through it prior to Iran's assertion of control after the war began on February 28. Iran claims the right to manage traffic and charge fees based on an agreement reached last month, a stance disputed by the U.S. and others under international law on freedom of navigation.
The U.S. military has sought to establish an alternative route outside Iranian control. Peace talks have failed to produce meaningful progress, and recent attacks have heightened fears of a return to all-out war and further global economic disruption. U.S. benchmark crude oil, which peaked at nearly $120 per barrel during the war, was trading around $72.92 as markets reacted.
The U.S. military reported striking dozens of sites in its Monday operations, including air defense systems, radar sites, missile and drone equipment, and small boats, and maintained that Iran does not control the strait. European Union foreign policy chief Kaja Kallas called for the strait to be reopened, emphasizing respect for freedom of navigation.
Iran's paramilitary Revolutionary Guard declared the strait "our territory" and vowed to prevent what it termed illegal interference by the U.S. U.S.-allied Arab states faced a wave of attacks: missile sirens sounded in Bahrain, home to the U.S. Navy's 5th Fleet, and Kuwait intercepted hostile fire. Jordan, which hosts U.S. forces, reported shooting down four Iranian missiles with no casualties or damage.
Iran reported attacks in Hormozgan, Khuzestan, and Markazi provinces, with at least two fatalities per state-run IRNA, and strikes in Sistan and Baluchestan province. A base belonging to an Iranian Kurdish opposition group in Iraq's Kurdistan region also came under drone attack. Fighting has focused on the status of the strait, with the U.S. ending its strikes but the possibility of Gulf Arab retaliation remaining
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