"We took over the ship, we took over the cargo, we took over the oil. It's a very profitable business," Trump said on Friday evening, recounting a seizure of an Iranian ship. "We're sort of like pirates, but we are not playing games."
Read more: Democrats Explore Suing Trump If He Ignores Congress on Iran War
In response to the attack, Iran blocked all maritime traffic passing through the Strait. It loosened that blockade in recent weeks, allowing allies and other non-combatant nations to pass through after paying a toll.
U.S. Central Command (CENTCOM) Commander Adm. Brad Cooper said on April 29 that U.S. forces had redirected more than 40 commercial vessels attempting to violate the blockade.
Trump said the U.S. Navy would block “any and all Ships trying to enter, or leave, the Strait of Hormuz” in a post announcing the move on Truth Social on April 12. He added that the blockade would remain until Iran opens the Strait to all traffic.
The disruption to oil flow through the passage has led to huge spikes in oil prices and fuel rationing across the globe.
The average price of gas hit $4.39 a gallon in the U.S. on Friday, according to AAA. Spirit Airlines became the first U.S. airline to cease operations as a result of rising fuel costs linked to the Iran war on Saturday. Jet fuel prices have doubled since the Iran war began two months ago.
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