U.S. President Donald Trump on Friday blamed Iran for carrying out a drone strike on a cargo ship in the Strait of Hormuz, calling it a "foolish violation" of the ceasefire agreement with the United States .

A ceasefire between the U.S. and Iran went into effect earlier this month and called for an immediate end to military operations from both countries and their allies.

The ceasefire between the U.S. and Iran went into effect earlier this month as the two sides engage in peace talks.

The free flow of commerce was one of the 14 points of understanding that the U.S. and the Iran reached.