Trump questions legality of Iran's Hormuz fees. U.S. charges for Hormuz passage by July 2026 at 6.2% YES.

Iran refuses to pay for Hormuz ship passage amid tensions. Charging fees by July 15 at 3% YES, by August 31 at 42% YES.

Trump says Iranian ships and those trading with Iran will be barred, while other commercial traffic will pay a 20% transit fee.