Trump vows new Iran strikes as Hormuz fees return
Trump said the US would strike Iran again after renewed attacks and a blockade on Iranian ports.
Mateo Fernandez ·

US President Donald Trump said Monday, July 13, 2026, that the United States would strike Iran again, while military officials announced a third consecutive night of attacks and renewed restrictions on Iranian ports. Reaction pending, with the Strait of Hormuz central to any market reassessment because it is a critical energy and shipping corridor.
Trump told reporters at the White House, "We’re going to hit them very hard tonight, and we’re going to hit them hard tomorrow." US Central Command said operations began at 2045 GMT and would continue to impose costs on Iranian forces and reduce their capacity to target civilians and commercial traffic.
Hormuz fees raise shipping risk
The announcement added a new pressure point by reimposing a blockade on Iranian ports and imposing transit fees tied to Hormuz, according to officials. The measure shifts the confrontation from direct military action alone into trade logistics, where delays, insurance costs and routing decisions can transmit geopolitical risk into energy and goods markets.
For Iran, the immediate issue is military attrition and port access. For shipping companies, the question is whether the fees and blockade create a higher-cost operating environment or a practical deterrent to Gulf transit.
If strikes remain limited, the global macro effect may be contained to risk premiums in oil, freight and insurance. If Iran responds against shipping or regional targets, companies exposed to Gulf routes could face faster cost increases, while the wider energy and transport sectors would have to price a longer disruption.
The stated strike window runs into Tuesday, July 14, 2026, after Trump said attacks would continue "tomorrow."