Trump’s economic pressure on Iran, US sanctions on toll payers in the Strait of Hormuz

US President Donald Trump has once again strongly claimed that his strategy of applying economic pressure on Iran will be effective. Qatar-based media Al Jazeera reported this information in a report today (May 2). Trump claimed that the blockade of the Strait of Hormuz is causing losses of millions of dollars to Iranians. In addition, he claimed that the ongoing sanctions on various Iranian individuals and institutions are having a major impact on the country’s economy.
In addition, Trump believes that in the face of this increasing pressure, Tehran will finally be forced to negotiate on its terms. Meanwhile, the US Treasury Department (Ministry of Finance) has made a new announcement. From now on, sanctions will be imposed on individuals or institutions that pay tolls to Iran for transit through the Strait of Hormuz. This is seen as a very serious threat.
In addition, the US Department of State (Ministry of State) has announced a new initiative. Which has been named Maritime Freedom Construct. It will be under the direct control of the US Central Command. Essentially, it is a coalition of ships that will agree to US terms for using the strait. In return, US Navy ships will be able to pass through them safely and will not have to pay any tolls.
Although the whole issue is quite complicated, the US is trying to strike a balance. On the one hand, they want to maintain the blockade of the Strait of Hormuz, on the other hand, they want to keep the supply of oil active on the world market – because the oil shortage is having a huge negative impact on the global economy.