On Monday, The Hill posted an article reporting that President Trump announced that America will be taking steps to insure the security of ships passing through the Strait of Hormuz.
The article reports:
President Trump said Monday that the U.S.’s naval blockade on the Strait of Hormuz will be reinstated as Washington and Tehran fight for control of the crucial waterway after strikes were exchanged over the weekend.
“The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran,” Trump wrote on Truth Social. “We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving.”
“All other countries will have fair and open use of the Strait,” he said, adding that the U.S. will be known as “the Guardian of the Hormuz Strait.”
Trump said the U.S. will be “reimbursed” 20 percent on all cargo shipped “as a matter of FAIRNESS” for the security needed.
“The U.S.A. will be, from this point forward, known as ‘THE GUARDIAN OF THE HORMUZ STRAIT,’ but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World,” he wrote. “The process and formation will begin immediately.”
If our military is guarding the Strait and making the use of it available to other countries, we need to be compensated. Hopefully we will see regime change in Iran at some point and will no longer need American forces to protect the Strait.
The article notes:
Iran, for its part, has pushed back, saying the strait is theirs and they “will not allow a rogue and child-killing army from the other side of the world to continue its illegal interference in it,” according to The Associated Press.
According to factually.co:
Under the United Nations Convention on the Law of the Sea (UNCLOS), waterways used for international navigation where no reasonable alternative exists are classified as “international straits” and are subject to transit passage, which prioritizes uninterrupted navigation and limits coastal-state control [3][5]. Many legal scholars and Western governments treat Hormuz as such an international strait and therefore argue transit passage applies as a matter of customary international law and UNCLOS interpretation [7][8]. Iran, however, asserts broader rights within its territorial sea and has claimed the ability to suspend passage or regulate traffic, invoking older legal doctrines and the fact that it has not ratified UNCLOS—an argument that complicates treaty-based enforcement.
It is obviously in the interests of most of the world to keep the Strait of Hormuz open. America is probably the only country in the world that has the military muscle to do that.
UPDATE: Further negotiations have resulted in the 20% toll being by significant investment in America by Middle Eastern countries.