US restores blockade on Iran after its attacks on ships in the Strait of Hormuz

The U.S. military has reimposed a blockade on Iranian ports in response to Iran’s attacks on commercial ships in the Strait of Hormuz, as an interim ceasefire deal collapses and tensions escalate. U.S. President Donald Trump initially proposed a 20% fee for ships passing through the strait but abandoned the plan after Gulf allies objected, instead seeking investments from Gulf nations.