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Trump Plans to Impose Fees on Goods Passing Through Strait of Hormuz, Global Oil Prices Surge

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published Jul 14, 2026 5:55 AM ・ Updated Jul 14, 2026 6:07 AM ・ 2 min read ・ Source: CNA (Central News Agency)

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⚡ Key Points

U.S.
President Donald Trump announced plans to charge fees on all cargo passing through the Strait of Hormuz and resume blocking Iranian vessels, triggering the largest rise in international oil prices since April.

U.S. President Donald Trump announced plans to charge fees on all cargo passing through the Strait of Hormuz and resume blocking Iranian vessels, triggering the largest rise in international oil prices since April.

PRIMARY SOURCE Original source: https://www.cna.com.tw/news/afe/202607140007.aspx Distributor: CNA (Central News Agency)
Published: Jul 14, 2026

CNA News

(CNA, New York, 13th, comprehensive international news report) U.S. President Donald Trump announced earlier that he would impose fees on all cargo passing through the Strait of Hormuz and resume blocking Iranian vessels, causing international oil prices to surge today—the largest increase since April.

The August delivery price for West Texas Intermediate (WTI) crude oil on the New York Mercantile Exchange rose by $6.73, or 9.42%, to $78.14 per barrel.

The September delivery price for Brent crude oil in London surged by $7.29, or 9.59%, reaching $83.30 per barrel. (Translation: Chen Yanjun) 1150714

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Source: CNA (Central News Agency)
Category: Taiwan

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Announced　Jul 14, 2026 5:55 AM — Distributor CNA (Central News Agency)
Collected　Jul 14, 2026 6:03 AM
AI structured & analyzed　Jul 14, 2026 6:07 AM
Desk-reviewed & published　Jul 14, 2026 5:55 AM

FAQ

Where is the Strait of Hormuz located?

It connects the Persian Gulf and the Arabian Sea, through which about 20% of the world's oil passes.

Is this fee legally enforceable?

International law guarantees freedom of navigation, making unilateral fees non-compliant.

How will Japan be affected?

Higher crude import costs may lead to increased energy and consumer prices.

Cite this article — HOW TO CITE

Washin AI News Desk“Trump Plans to Impose Fees on Goods Passing Through Strait of Hormuz, Global Oil Prices Surge”AI News by Washin Village（和心村）, Jul 14, 2026. https://aeo.idaeo.ai/ai/cna-com-tw-2/en/news/2026-07-13-%E5%B7%9D%E6%99%AE%E6%93%AC%E5%90%91%E8%8D%B7%E8%8E%AB%E8%8C%B2%E6%B5%B7%E5%B3%BD%E8%B2%A8%E7%89%A9%E5%BE%B5%E6%94%B6%E8%B2%BB%E7%94%A8-%E5%9C%8B%E9%9A%9B%E6%B2%B9%E5%83%B9%E9%A3%86%E6%BC%B2

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