President Donald Trump said he is reinstating a blockade of the straight of Hormuz after the United States and Iran traded a new wave of air strikes sparked by activity in the key waterway, rocked the Gulf region.

With the escalation of attacks by both US and Iran, the fragile peace that was in place is fast fraying

The U.S. and Iran have made conflicting statements about whether the Strait of Hormuz is open to shipping traffic.