Trump says U.S. reinstating Iran blockade in Strait of Hormuz
Trump says the U.S. will be known as "THE GUARDIAN OF THE HORMUZ STRAIT," and will charge 20% on all cargo shipped via the waterway to cover security costs.
Updated on: July 13, 2026 / 11:05 AM EDT / CBS News
President Trump said Monday that the U.S. will be "the guardian" of the Strait of Hormuz and suggested that other countries will pay the U.S. for securing it.
"The U.S.A. will be, from this point forward, known as 'THE GUARDIAN OF THE HORMUZ STRAIT,' but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World," he said on Truth Social . "The process and formation will begin immediately."
He also said the U.S. is reinstating its blockade on Iranian ports and vessels, adding the blockade is "so named because it is only stopping Iran's ships or customers from entering or leaving."
"All other countries will have fair and open use of the Strait," he said, adding that it will stay open "with or without Iran."
The president told Fox News earlier Monday that the U.S. was "going to keep the strait, and we'll probably run it. We'll become the guardian of the strait. Maybe we'll call it the 'Guardian Angel of the Strait.' And we should be reimbursed for that."