Though US President Donald Trump has since abandoned the idea, he suggested that vessels should pay a 20% fee on all cargo transiting the Strait of Hormuz in exchange for US military protection.

Trump demands countries pay for defending the Strait of Hormuz. Blockade on Iran by December 31 at 57.5% YES.

The blockade will only stop Iranian ships and ‘all other countries will have fair and open use’ of the waterway, the United States president said.