Trump announces 'full blockade' on Iranian shipping, drops Hormuz transit fee

"The Strait of Hormuz is open to all ship traffic except for Iran," the U.S. president wrote.
U.S. President Donald Trump announced a "full blockade" on Iranian shipping, prohibiting vessels traveling to or from Iranian ports or carrying Iranian cargo. He also stated that the U.S. would abandon a proposed 20% transit fee for cargo in the Strait of Hormuz, opting instead for "trade and investment deals" with Gulf states. Trump warned that military strikes against Iran would escalate to include power plants and bridges if Tehran refused to negotiate. He emphasized, "Iran will never have a nuclear weapon," and asserted that Iranian claims of not seeking nuclear weapons were false, stating, "everything they say is a lie."
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