Trump’s ‘guardian’ fee: How much would a supertanker have to pay to cross Strait of Hormuz?

July 14, 2026
Trump’s 'guardian' fee: How much would a supertanker have to pay to cross Strait of Hormuz?
Trump, after threatening a renewed US naval blockade, has said that ships will be allowed safe passage via Hormuz for a 20% toll. (AP Photo)

Adding to transit cost uncertainty, US President Donald Trump has proposed imposing a 20% reimbursement or toll on cargoes that are transported through the Strait of Hormuz.…

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