U.S. President Donald Trump proposes that the United States become the “guardian” of the Strait of Hormuz and would require a 20% reimbursement on cargo shipped through the waterway. Bloomberg reports this demand could equate to about $30 million per trip for fully loaded supertankers carrying oil. Mint similarly describes Trump’s proposal as a “cargo fee” or reimbursement based on shipment value, putting the potential cost at roughly $30 million for large tankers per voyage.
The proposal is presented as a potential funding mechanism tied to access to the strategic shipping route. Mint notes that the idea has prompted comparisons with reported charges levied by Tehran on vessels transiting the strait, suggesting that Iran has similarly sought fees or payments associated with passage. The two accounts focus on the same core elements—Trump’s framing of U.S. protection and the estimated size of the reimbursement—but do not provide additional details such as enforcement, timing, or which ships, shippers, or carriers would be subject to the charge.
