Trump: Will reinstate the "blockade against Iran" and charge a 20% "compensation fee" for goods passing through the Strait of Hormuz.

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According to Xinhua News Agency, US President Trump said on the 13th that he would reinstate the maritime blockade against Iran.

According to CCTV News, on July 13 local time, US President Trump posted on the social media platform "Truth Social" stating that the Strait of Hormuz is currently open, and that it will remain open regardless of Iran's participation. The US will re-impose a "blockade against Iran," which applies only to Iranian vessels or clients, restricting their entry and exit from the strait. All other countries can use the strait fairly and openly. He also stated that the US will charge a 20% fee on all goods transported through the strait, and the relevant procedures and deployment will commence immediately.

Oil prices surged sharply, with WTI crude rising 5.01% and breaking above the $75 mark; Brent crude rose 5%, approaching $80, quoted at $79.53 per barrel.

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