Iran Reasserts Control Over Strait of Hormuz Amidst Shifting Ceasefire and Maritime Incidents Iran's military announces it has re-established full control over the Strait of Hormuz, a crucial global oil chokepoint, following a period of disruptions. The development occurs as a fragile ceasefire between Israel and Hezbollah appears to be holding, and as reports surface of Iranian gunboats firing on commercial vessels. President Trump comments on the situation, suggesting Iran cannot blackmail the US and noting that redirected shipping traffic has benefited American ports. He also warns of potential military action if diplomatic efforts fail to resolve ongoing tensions and a looming ceasefire deadline. The strategic Strait of Hormuz has seen a significant shift in its operational status, with Iran's joint military command asserting that control has reverted to its prior state, operating under the rigorous oversight of its armed forces. This declaration follows a period of heightened tensions and disruptions to maritime traffic. President Donald Trump, speaking to reporters aboard Air Force One, indicated that Iran cannot exert leverage through these actions, noting that many ships are rerouting and docking in American ports like Texas and Louisiana. Trump suggested that this adjustment, while initially a consequence of the disruptions, has become a normalized and even beneficial arrangement for the U.S. maritime industry. He also alluded to ongoing discussions with Iran, hinting at potential developments by the end of the day. The President further commented on a precarious ceasefire between Israel and the Iran-backed Hezbollah militant group, which was reportedly holding for ten days. This fragile peace coincides with reports from a vessel-tracking service detailing two Indian ships, including a supertanker laden with approximately two million barrels of Iraqi oil, altering their course. This change of direction was reportedly prompted by gunfire from Iran’s Revolutionary Guard. The British military corroborated these accounts, stating that Iranian gunboats had fired upon a tanker traversing the strait, immediately after Iran had reinstated passage restrictions. Fortunately, the vessel and its crew were reported to be unharmed. Iran has historically imposed limitations on access to this vital waterway during periods of conflict, selectively permitting passage for vessels it authorizes, a tactic employed amidst ongoing friction with the United States. The President's remarks also touched upon the potential expiration of a ceasefire on Wednesday, with Trump stating he might not extend it if a resolution is not achieved. He emphasized that the blockade would persist regardless of an extension, and that a failure to reach an agreement could necessitate a resumption of military action, including aerial bombardments. The situation underscores the delicate geopolitical balance in the region and the critical role the Strait of Hormuz plays in global energy supply routes, with Iran leveraging its strategic position amidst ongoing international scrutiny and diplomatic engagement