U.S. reinstates Strait of Hormuz blockade as Trump backtracks on plan to charge tolls

Tensions between the U.S. and Iran have escalated dramatically, with fresh strikes from both sides threatening to unravel any semblance of a peace deal and pushing the region closer to a full-blown conflict. The U.S. has reinstated its blockade of the Strait of Hormuz, a critical global shipping route, reversing former President Trump's controversial plan to charge tolls for passage through the area. This move highlights the ongoing volatility in the region and raises concerns about global oil supplies and economic stability, underscoring the stakes involved in U.S.-Iran relations.