The United States has announced it will reinstate a naval blockade against vessels entering or departing Iranian ports, while also charging ships a 20% fee for passing through the strategically vital Strait of Hormuz.President Donald Trump declared the move as part of efforts to 'guard' the waterway amid escalating tensions with Iran.The decision follows months of diplomatic friction and comes as global oil prices fluctuate due to geopolitical uncertainty.Analysts note the blockade could disrupt maritime trade routes, impacting economies reliant on Middle Eastern energy exports.While some countries have expressed concerns over the potential for conflict escalation, others are monitoring developments closely.The move has also sparked debates about the economic implications of such tariffs on international shipping.Trump's administration argues the measures are necessary to deter Iranian aggression and protect national interests in the region.