US President Donald Trump declared the return of a US naval blockade on Iranian ports on Monday, saying Washington would impose hefty fees on ships transiting the Strait of Hormuz as fighting once again flared over the vital waterway.

President Donald Trump on Monday said the US is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships a “rate of 20 percent on all cargo shipped” through…

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…