US and Iran Exchange Strikes, Trump Threatens Strait of Hormuz Blockade Amid Escalating Tensions

The United States and Iran have engaged in a series of intensifying strikes, with Iran claiming to have targeted the US Fifth Fleet in Bahrain. US forces reportedly carried out additional strikes on military targets in Iran. President Trump has threatened to reimpose a blockade on the Strait of Hormuz and demand a 20% toll on cargo, significantly escalating geopolitical tensions and raising concerns for global energy and trade.