President Donald Trump declared Monday that the United States would reestablish its naval blockade targeting Iran and impose a 20% fee on all freight passing through the Strait of Hormuz, a charge he did not elaborate on. He insisted the waterway would stay accessible to every nation except Iran. This follows recent US airstrikes on Iran after an attack on a container vessel in the strait, which Iran claimed violated a ceasefire. Iran responded by attacking key US allies and earlier declared the strait closed. The announcement, posted on Trump’s social media platform, escalates tensions in the volatile region. According to reports, Trump also stated the US would “probably run” the strait and be compensated for guarding it.