Washington: US President Donald Trump has announced plans to reinstate an American blockade of Iranian ports, coupled with imposing charges on ships for safe passage through the strategic Strait of Hormuz. This comes amid escalating tensions between the two countries, marking the third consecutive day of military exchanges.

According to France24.com, the renewed hostilities have raised concerns over the potential impact on global oil supply and regional stability. The Strait of Hormuz is a critical chokepoint through which a significant portion of the world's oil passes, and any disruption could have far-reaching economic consequences.

Scott Lucas, a professor of US and international politics at the Clinton Institute of University College Dublin, has provided detailed analysis on the situation. He suggests that Trump's decision to impose a blockade and levy charges is likely aimed at exerting economic pressure on Iran, while simultaneously safeguarding American interests in the region.

The recent exchanges between the US and Iran have further strained diplomatic relations, with both nations accusing each other of provocation and aggression. Observers are closely monitoring the situation, as any further escalation could lead to a broader conflict involving other regional and global powers.

As tensions continue to rise, the international community is urging both sides to exercise restraint and seek diplomatic solutions to avoid further destabilization in the highly volatile Middle East region.