Iran is tightening its grip on the crucial Strait of Hormuz as confusion over the status of the US naval blockade persists.

The President warned Oman against partnering with Iran to charge fees through the waterway as prospects of a peace deal appear to dim.

Secretary of War Pete Hegseth said the U.S. military is “more than capable” of renewed strikes against Iran after President Donald Trump's Situation Room meeting Friday ended without a formal announcement.

The Strait of Hormuz has been the focus of this war since Iran shut it down in the war's first days. But rarely do American reporters actually get to visit the crucial body of water. Special correspondent Reza Sayah is in Iran and has a rare look at the Strait of Hormuz from both land and water.

Emboldened by its blockade of the Strait of Hormuz, Iran is turning to one of the hidden arteries in the global economy: subsea cables beneath that carry vast internet and financial traffic between Europe,

The American blockade and Iran’s control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water.

Pentagon chief Pete Hegseth, while attending a defense summit in Singapore, said on Saturday that Washington was "more than capable" of restarting the war if necessary.

US President Donald Trump and Tehran continue to contradict each other's statements regarding a potential agreement about reopening the Strait of Hormuz.