US President Donald Trump declared the return of a 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…

(1st UPDATE) Iran's top joint military command says the US has no role in determining the future of the waterway and would not be allowed to intervene