US to strike Iran hard, reimpose Hormuz blockade, and levy transit fees

This declaration followed a third consecutive night of US military attacks. US Central Command CENTCOM confirmed strikes began at 2045 GMT, aiming to impose costs on Iranian forces and degrade their ability to attack civilians and shipping in the Strait of Hormuz. The blockade was set to begin at 2000 GMT on Tuesday, causing oil prices to rise over nine percent.

Trump also stated on Truth Social that the US would become "THE GUARDIAN OF THE HORMUZ STRAIT" and charge a 20 percent fee on all cargo passing through, while ensuring "fair and open use of the strait" for other countries. Iranian Foreign Minister Abbas Araghchi responded on X, mocking Trump's proposed toll but suggesting Tehran could charge a lower fee as a "fair guardian." The US has historically opposed Iran's desire to charge tolls in the strait, citing international law.

These developments occurred as both sides exchanged attacks on a scale not seen since an April ceasefire. The US military reported hitting dozens of targets, while Iran's Revolutionary Guards announced strikes on Bahrain, Jordan, Kuwait, and Oman. Trump also threatened to destroy Pickaxe Mountain, a suspected undeclared enrichment facility in Iran.

Despite declaring the ceasefire over, Trump mentioned ongoing negotiations for a permanent settlement. Iran's foreign ministry spokesman Esmaeil Baqaei stated the June