Trump declared the US would collect a 20% fee on all Hormuz cargo as "Guardian of the Strait," flipping the script on Iran's own toll demands, while US forces struck dozens of targets in Iran and the IRGC hit Bahrain, Jordan, Kuwait and Oman in the biggest exchange since the April ceasefire.

WASHINGTON -- US President Donald Trump said Monday that the United States was reinstating a naval blockade on Iran in the Strait of Hormuz.

President Donald Trump on Monday reimposed a US naval blockade on Iran and vowed hefty fees for ships transiting the Strait of Hormuz. In Yemen, Iran-backed Houthi rebels attacked…