Trump reinstates Iran port blockade and vows 20% charge on cargo passing through Hormuz

The US military later said it had started the third consecutive night of strikes on Iran.
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Why it mattersThe US president also says Washington will impose a 20% charge on all cargo shipped through the Strait of Hormuz.

Why it mattersWithin hours of the fresh US strikes, Iran said it had struck US military bases in Jordan and Bahrain, as escalating attacks cast strain interim deal.