'20% is too much, we will be fair': Iran mocks Trump's Hormuz transit fees
Iranian Foreign Minister Seyed Abbas Araghchi rejected President Trump's proposal to impose a 20% transit fee on cargo passing through the Strait of Hormuz. Trump announced the plan as part of a new U.S. security initiative, while Iran maintains it is the sole guardian of the waterway.
Why it matters
The dispute escalates geopolitical tensions in a critical global shipping chokepoint, potentially impacting international oil prices and maritime security.
Iranian foreign minister Seyed Abbas Araghchi on Monday mocked US President Donald Trump over his proposal to charge a 20% fee on cargo transiting the Strait of Hormuz, asserting that Iran, not the US, is the true "guardian" of the strategic waterway.In a post on X, Araghchi took a swipe at Trump's remarks, saying Iran has always ensured security in the Strait of Hormuz and would continue to do so."POTUS is absolutely right. Whoever provides secure and safe passage of commercial vessels through the Strait of Hormuz should be compensated for this service. Iran has always been the GUARDIAN of the Strait and will remain so FOREVER. 20% is of course too much.
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