Trump followed his Fox News interview with a Truth Social post, where he said the U.S. will reimpose a blockade on Iran.

“All other countries will have fair and open use of the Strait,” he said, but added that “as a matter of FAIRNESS, [the U.S.] will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.”

This is a breaking news story that will be updated.