Trump announces blockade of Iran and fee for Strait of Hormuz transit

U.S. President Donald Trump announced plans to reinstate a naval blockade against Iran and stated that the United States would collect a 20% fee from all vessels transiting the Strait of Hormuz. Trump declared that the U.S. would act as the 'guardian' of the strategic waterway, collecting compensation for protection services. The announcement led to immediate increases in global oil prices, with crude exceeding 80 dollars per barrel as markets reacted to the geopolitical tensions and potential disruption to shipping routes. The measures represent a significant escalation in U.S.-Iran tensions and signal Trump's return to confrontational policies toward the Iranian government. The announcement prompted reactions from regional actors and international observers concerned about the implications for global energy markets and maritime security.