Reports surfaced that Iran is limiting ships to 15 per day through the Strait—carrying 20% of global oil—and demanding up to $2 million per vessel or $1 per barrel in cryptocurrency or yuan.
The U.S president posted on social media demanding they halt immediately, as oil prices rise on fears of disruptions.
Tensions rise with Iran rejecting nuclear curbs, ceasefire disputes over Lebanon, and ongoing Israeli strikes on Hezbollah, while talks push on in Islamabad for full access and sanctions relief.
