U.S., Iran trade fire after Trump says blockade resuming, floats tolls

• The U.S. proposes resuming a naval blockade of Iranian ports and imposing a 20% toll on cargo transiting the Strait of Hormuz.
• Experts criticize the U.S. proposal as a 'terrible idea' with significant geopolitical risks and unenforceability.
• Oil markets reacted sharply, with ICE Brent Crude and WTI Crude surging nearly 10% and 9% respectively, marking their biggest one-day gains since 2020.
• Iran's Foreign Minister responded, asserting Iran's historical guardianship of the Strait and deeming a 20% toll excessive.

The video reports on escalating tensions between the U.S. and Iran, following President Trump's announcement of a naval blockade and a proposed 20% toll on cargo through the Strait of Hormuz. This geopolitical conflict has led to significant surges in global oil prices, with both Brent Crude and WTI Crude experiencing their biggest one-day gains in years.