Trump Announces Blockade of Key Global Oil Passage

President Donald Trump has declared a full blockade of the Strait of Hormuz, a critical waterway for global oil shipments. The announcement follows the collapse of U.S. efforts to reach a new peace agreement with Iran. The blockade is a sweeping military and economic action. It aims to prevent all maritime traffic, including oil tankers, from passing through the strait. This strategic chokepoint connects the Persian Gulf with the open ocean. Approximately one-fifth of the world's traded oil passes through it each day. The move is expected to cause immediate disruptions to global energy supplies. Oil prices surged following the president's statement. The long-term impact on the world economy is not yet clear. The U.S. Navy will enforce the blockade. There has been no official reaction yet from Iran, whose coastline borders the strait.