President Trump suggested Monday that the U.S. could impose its own tolls on vessels trying to transit through the Strait of Hormuz — a strategy employed by Iran as it continues to control the key energy shipping choke point.

In a post on social media, the US president says in Iran “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one” if the key shipping lane is not reopened.

The Strait of Hormuz's closure has handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes have lost billions of dollars, a Reuters analysis found.

US President Donald Trump on Sunday made expletive-filled threats against Iran and its infrastructure if it doesn't open the Strait of Hormuz by his Tuesday deadline, after American forces rescued a wounded aviator whose Iran-downed plane fell behind enemy lines.

From fertilizer to aluminum to helium, Americans could feel the effects of the war through higher prices and reduced economic growth beyond what it’s doing to gas prices.

Residents of Khasab, a sleepy exclave that depends on fishing and tourism, are frustrated by the war in Iran and fearful of what’s next.

Newt Gingrich raised eyebrows with a social media post about using nuclear bombs to cut a new channel in the Strait of Hormuz. There’s history there

Iran-US war LIVE updates: Donald Trump's self-imposed deadline on Iran to reopen the Strait of Hormuz ends at 8 pm GMT on Tuesday (1:30 pm IST on Wednesday). Less than 24 hours are now remaining before the deadline ends.