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U.S. to impose 20% toll in Strait of Hormuz
By Molly Martinez at KGNS — Sitewide
· July 13, 2026
· 1 min read
WASHINGTON (Gray DC) - WASHINGTON — President Donald Trump announced the U.S. naval blockade of the Strait of Hormuz is back in effect, and for the first time the U.S. will charge a 20% toll for each ship allowed to pass. Trump said the payment is in exchange for safety in the strait.Weeks earlie...
Key takeaway will charge a 20% toll for each ship allowed to pass.
Why this matters in Laredo News
The imposition of a 20% toll in the Strait of Hormuz by the US is likely to have significant implications for Laredo 's economy, particularly in the energy sector. As a major transportation hub, Laredo's businesses and residents may feel the effects of increased gas prices, which have already risen to $3.87 per gallon. The city's proximity to major refineries and pipelines means that any disruption to global oil supplies could lead to higher fuel costs, affecting local commuters, trucking companies, and other industries that rely on transportation. Furthermore, Laredo's role as a key trade corridor between the US and Mexico could be impacted if the conflict in the region leads to further instability in global markets, potentially affecting the city's trade relationships and economic growth. The toll announcement is a development that Laredo residents and business owners will be watching closely.
About this story
Original reporting by KGNS — Sitewide . Laredo News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KGNS — Sitewide . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 13, 2026 ·
Source: KGNS — Sitewide ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? WASHINGTON (Gray DC) - WASHINGTON — President Donald Trump announced the U.S. naval blockade of the Strait of Hormuz is back in effect, and for the first time the U.S. will charge a 20% toll for each ship allowed to pass. Trump said the payment is in exchange for safety in the strait.Weeks earlie...
When was this published? This article was first published on July 13, 2026 by KGNS — Sitewide and curated for Laredo News readers.
Who reported this story? This story was reported by Molly Martinez at KGNS — Sitewide. To learn more about how Laredo News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Laredo News, or browse our daily briefing and topic hubs .
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