BlockBeats News, July 13th, according to AXIOS, reported that on Monday, Trump announced that the U.S. is reinstating a naval blockade on Iran and will prevent any vessel from entering or exiting Iranian ports. He also claimed that the U.S. will charge a "20% fee" for ensuring the safe passage of cargo ships, but the details and seriousness of this initiative are not yet clear.

Due to legal requirements for a 24-hour advance notice to ship owners, the newly reinstated naval blockade has not taken effect yet. A U.S. official stated that U.S. Central Command will announce the specific timing later on Monday.