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[Trump Announces Reinstatement of Strait of Hormuz Blockade and 20% Toll; Analysts: Oil Prices May Rise to $100] 1. US President Trump announced on Monday that the US will reinstate the naval blockade of Iranian ports and impose a 20% toll on all cargo transported through the Strait of Hormuz to compensate for the costs the US incurs in maintaining navigational security in the region. As a result, WTI crude oil futures jumped 9.4% to $78 per barrel, and Brent crude closed above $83. Both WTI and Brent crude continued their upward trend on Tuesday, reaching near one-month highs. 2. Trump posted on Truth Social that the Strait of Hormuz "will remain open with or without Iran," describing the US as the "guardian" of the waterway. He also indicated that the US is likely to seek control of this vital choke point. The Joint Maritime Information Center confirmed that US Central Command will begin implementing the blockade at 4 p.m. Eastern Time on Tuesday. 3. Another factor contributing to the oil price increase is the sharp escalation of US-Iranian strikes over the weekend. The US military has launched airstrikes against Iranian targets for three consecutive nights, targeting missile and drone facilities; Iran, in turn, has attacked US allies in the Middle East, including damaging an offshore drilling platform in Kuwait, marking the first direct attack on energy infrastructure in weeks. 4. At current oil prices, a supertanker carrying 2 million barrels of crude oil would have to pay a passage fee of approximately $30 million to $32 million, far exceeding the $2 million per voyage previously reported by Iran. Citibank warned that this move could further increase the risk of military escalation, and the possibility of Iran abandoning the memorandum of understanding is rising. 5. Meanwhile, the Houthi rebels in Yemen claimed responsibility for missile and drone attacks on Saudi airports in response to Saudi airstrikes on Sana'a. Analysts warned that if the conflict escalates to a broader targeting of key energy facilities, oil prices could rise to $100 per barrel. The International Maritime Organization reiterated its opposition to imposing passage fees on international straits.