US and Iranian Forces Exchange Strikes for Third Night; Trump Proposes Hormuz Fee and Port Blockade
58Framing Analysis
US forces struck Iranian targets for a third consecutive night while Iran launched ballistic missiles at US airbases in Jordan and Bahrain. President Trump proposed a 20% fee for Strait of Hormuz security and vowed to reinstate a blockade of Iranian ports following a memorandum of understanding signed last month with Iranian President Masoud Pezeshkian. Oil prices reached four-week highs as Iran stated it had closed the Strait of Hormuz.