President Donald Trump announced Monday that the U.S. will reinstate a naval blockade on Iran in the Strait of Hormuz and impose a 20% transit fee on all cargo shipped through the waterway. American forces carried out a third consecutive night of strikes against Iranian targets, hitting coastal defense systems, missile and drone sites, and maritime capabilities around Bandar Abbas, Bushehr, and Chahbahar. Iran retaliated by attacking U.S. military facilities in Bahrain...