The United States has announced plans to reimpose a naval blockade on Iranian ports and charge ships passing through the Strait of Hormuz a 20% fee, as tensions escalate in the region.

President Donald Trump declared the strait would remain 'open' but emphasized the US would act as the 'guardian' of the waterway, seeking reimbursement for security costs.This move follows renewed conflict between Iran and the US, including attacks on vessels in the strait and retaliatory strikes.The 20% toll, which could add $15 per barrel to oil costs, contrasts with previous assurances that passage should be free.Analysts dismissed the fee as impractical, noting it far exceeds Iran's proposed service charges.Oil prices surged following the announcement, while Iran condemned the move, vowing to assert control over the strait.The situation highlights ongoing geopolitical tensions and potential economic impacts for nations reliant on Gulf energy exports.