Why the Trump administration will have to accept a Hormuz toll

In the weeks since the U.S.-Iran Memorandum of Understanding collapsed, Washington and Tehran have used the time to strengthen their respective positions in the event negotiations resume. For the United States, this has largely taken the form of overt threats by President Donald Trump himself and hints that an even more comprehensive U.S. bombing campaign against Iranian strategic targets is on the table. For Iran, the strategy is familiar: ensure maritime traffic through the Strait of Hormuz is kept to an absolute minimum.U.S. and Iranian officials continue to give conflicting accounts of whe