Commentary: The 20% fee on cargo passing under US protection aims to squeeze Iran’s Revolutionary Guard and punish those who shunned Washington, but the fighting masks a deeper battle for Hormuz and the victory narrative Tehran seeks

President says Iran broke a previously undisclosed ‘done deal’ and vows continued strikes; in Truth Social post, he declares strait open, announces blockade targeting Iranian…

Trump says Iranian ships and those trading with Iran will be barred, while other commercial traffic will pay a 20% transit fee.