The U.S. military is set to enforce a renewed blockade of Iranian ships in the Strait of Hormuz, beginning Tuesday at 4 PM, as hostilities between the U.S. and Iran escalate. President Trump announced the blockade alongside a controversial 20% fee imposed on cargo crossing the strait. This decision comes amid a collapse of the ceasefire and rising tensions in the region, prompting significant fluctuations in oil prices. Ships navigating through the strait are warned of U.S. interceptions, further complicating an already tense maritime environment. As both nations assert their control over this vital shipping route, fears grow of a major disruption in global oil supply.