Trump says the U.S. will take over the Strait of Hormuz and charge a 20% fee on all cargo shipped through the critical oil passageway.

BREAKING: Trump says the U.S. will take over the Strait of Hormuz and charge a 20% fee on all cargo shipped through the critical oil passageway. https://t.co/XgbsvLXV6u

— POLITICO (@politico) July 13, 2026