Says US will reinstate blockade of Iranian ships and act as ‘Guardian of the Hormuz Strait’, demanding reimbursement for securing the 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 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…