Trump announces Strait of Hormuz blockade starting today

Trump announced on Truth Social that the US Navy will implement a naval blockade of the Strait of Hormuz starting today at 17:00 Moscow time, covering all traffic to and from Iranian ports. The Pentagon also announced an operation to clear mines allegedly laid by Iran. The IRGC warned that the approach of US warships would be regarded as a violation of the truce with a 'decisive response.' Oil prices surged as a result, with Brent crude jumping 7.5% to above $102 per barrel and WTI up 8%.