July 14 (Reuters) - President Donald Trump said on Monday that the United States would charge 20% on cargoes for use of the Strait of Hormuz after a ceasefire with Iran broke down amid a dispute over Tehran's efforts to maintain control over the strategic waterway.Iran shut down the 34 km (21 mile) wide strait that was the main route for a fifth of world oil supplies and other vital goods including fertilisers when the U.S. and Israel attacked it on February 28, causing a global energy shock.

President Donald Trump on Monday said the US is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships a “rate of 20 percent on all cargo shipped” through…

Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in the Strait of Hormuz. Not only that, Trump also…