Trump's 20% Hormuz charge may cost oil supertankers $30 million per journey

If US President Donald Trump's proposal to collect a 20% reimbursement on cargo shipped through Strait of Hormuz is implemented, a fully loaded oil supertanker could pay $30 million per crossing. At current oil prices of $80 per barrel, a supertanker carrying 2 million barrels transports crude worth roughly $160 million, making the 20% fee about $30 million per voyage.