US President Donald Trump said the United States intends to blockade Iranian vessels in the Strait of Hormuz and collect fees from other countries' shipping traffic as reimbursement. The statement came after a new wave of US and Iranian air strikes in the region on July 12 and 13.

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 Trump announced the United States will guard the Strait of Hormuz. He stated America will act as the waterway's guardian and receive payment. Trump accused Iran of…