Live: Iran hits tankers after third night of US attacks; Trump reimposes naval blockade - Reuters

US and Iranian militaries exchanged fire Tuesday following President Trump's threat to take over the Strait of Hormuz. Trump announced the immediate reimposition of a naval blockade in the channel, introducing a 20 percent toll on transiting vessels. Following three nights of US attacks, Iran targeted tankers. This escalation occurs within the critical trading passage as both nations engage in direct military confrontations and strategic maritime restrictions to control the vital waterway's transit and security.