Trump says US 'to keep' Strait of Hormuz, will charge shippers 20% toll for security

President Trump announced plans for the U.S. to "keep" the Strait of Hormuz and potentially manage it. He stated that a blockade of Iran is reinstated, imposing a 20% fee on cargo shipments to cover security costs.

In response, Iran claimed to have attacked U.S. allies in the Persian Gulf and announced the closure of the strait until stability is achieved.

Following these developments, oil prices rose nearly 5%, with benchmark crude approaching $80 a barrel again after previously dropping to pre-war levels.