TRUMP ANNOUNCES BLOCKADE OF STRAIT OF HORMUZ AFTER IRAN PEACE TALKS COLLAPSE:

President Trump on Sunday announced plans to blockade the Strait of Hormuz after negotiations in Pakistan to end the Iran war collapsed.

“Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,” Trump said in a post on Truth Social. “The Blockade will begin shortly. Other Countries will be involved with this Blockade. Iran will not be allowed to profit off this Illegal Act of EXTORTION.”

The president said the blockade will be enforced in an effort to stop Iran from policing the strait to its economic benefit while other countries suffer.

“At some point, we will reach an ‘ALL BEING ALLOWED TO GO IN, ALL BEING ALLOWED TO GO OUT’ basis, but Iran has not allowed that to happen by merely saying, ‘There may be a mine out there somewhere,’ that nobody knows about but them,” he said. “THIS IS WORLD EXTORTION, and Leaders of Countries, especially the United States of America, will never be extorted.”

He additionally said the U.S. Navy will “seek and interdict every vessel in International Waters that has paid a toll to Iran.”

Earlier: “Iran played its biggest card and the main result is that the United States became the world’s emergency gas station and China’s cheap energy subsidy evaporated. This is either the most elaborate coincidence in the history of geopolitics… or someone planned the sequence Venezuela -> Iran -> profits!”