WS #12039
Trump reimposed naval blockade of Iranian ports and a 20% toll on Hormuz cargo; oil spikes above $86 (Brent above $87), daily crossings collapse from 130 to 14 ships; Iran vows to keep strait shut.
US-Iran / Strait of Hormuz Escalation
Trump reimposed naval blockade of Iranian ports and a 20% toll on Hormuz cargo; oil spikes above $86 (Brent above $87), daily crossings collapse from 130 to 14 ships; Iran vows to keep strait shut.