UN Shipping Agency Opposes Fees for Any Strait, More Details Sought on Trump Post on Cargo Charge

strait of hormuz vessels 1200x810

(Reuters) – More details are awaited after U.S. President Donald Trump said in a post that Washington was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strait of Hormuz, the U.N.’s shipping agency said on Monday.

“We are aware of the post and awaiting more details,” a spokesperson with the U.N.’s International Maritime Organization said.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


“We have always been consistent on our stance on fees – IMO stands firmly against charging fees for passage through straits used for international navigation. There is no legal basis through which to introduce mandatory tolls simply to transit through a strait.”

Trump said in a Truth Social post the process would begin immediately, but did not elaborate.

Reporting by Jonathan Saul; Editing by Sharon Singleton

Share This:


More News Articles

 

  • Related Posts

    Iran Declares Strait of Hormuz Closed as ‘Unauthorised’ Vessel Hit

    Iran on Sunday said it closed the Strait of Hormuz after a vessel traveled on an unapproved route and was struck, warning that any retaliation over the incident would be…

    Iraq’s Prime Minister Seeks Big Energy Investments on US Trip

    By Ahmed Rasheed and Muayad Hameed Zaidi bets on US companies to bolster energy sector Iran war dealt major blow to Iraq’s economy Zaidi expected to discuss deals with Trump…

    Have You Seen?

    Iran Declares Strait of Hormuz Closed as ‘Unauthorised’ Vessel Hit

    • July 13, 2026
    Iran Declares Strait of Hormuz Closed as ‘Unauthorised’ Vessel Hit

    Oil Gains Over 2% as Fresh Military Srikes Threaten Hormuz Shipments

    • July 13, 2026
    Oil Gains Over 2% as Fresh Military Srikes Threaten Hormuz Shipments

    US Cost for Gas Power at 17-Year High and Climbing, Lazard Says

    • July 13, 2026
    US Cost for Gas Power at 17-Year High and Climbing, Lazard Says

    TRUMP WANTS CONTROL: Trump Says the US Will Control Strait of Hormuz and Get Paid For It

    • July 13, 2026
    TRUMP WANTS CONTROL: Trump Says the US Will Control Strait of Hormuz and Get Paid For It

    Iraq’s Prime Minister Seeks Big Energy Investments on US Trip

    • July 13, 2026
    Iraq’s Prime Minister Seeks Big Energy Investments on US Trip

    UN Shipping Agency Opposes Fees for Any Strait, More Details Sought on Trump Post on Cargo Charge

    • July 13, 2026
    UN Shipping Agency Opposes Fees for Any Strait, More Details Sought on Trump Post on Cargo Charge

    Crude Stocks in US Strategic Reserve Fall 3 Million Barrels to Lowest Level Since 1983

    • July 13, 2026
    Crude Stocks in US Strategic Reserve Fall 3 Million Barrels to Lowest Level Since 1983

    Oil Gains Over 5% as Trump Says US Reinstating Iran Naval Blockade

    • July 13, 2026
    Oil Gains Over 5% as Trump Says US Reinstating Iran Naval Blockade

    Helix acquires $11m helium liquefaction plant in Oklahoma

    • July 13, 2026
    Helix acquires $11m helium liquefaction plant in Oklahoma

    UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels

    • July 13, 2026
    UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels