Apparently the Trump administration was not kidding when it warned that no Iranian ships would be allowed through the blockade. Just a little while ago, Donald Trump announced that the U.S. Navy has blown an enormous hole in the side of an Iranian cargo vessel that willingly chose to ignore a warning to turn around. Just two days after the completely irrational euphoria that we witnessed on Friday, the crisis in the Strait of Hormuz is worse than ever, and there is no end in sight.

On Friday, I explained why the extremely positive headlines that we were reading in the western world were dead wrong. When the two week ceasefire with Iran was originally unveiled, the Iranians were supposed to completely open the Strait of Hormuz for that two week period. But they hesitated because fighting was still raging in Lebanon, and the Iranians believed that the fighting in Lebanon was supposed to be part of the ceasefire. When Israel and Hezbollah finally agreed to a ten day ceasefire late last week, the Iranians finally fulfilled their obligation by opening the Strait of Hormuz for the remainder of the ceasefire. But the Iranians also warned that if the U.S. did not respond by lifting the naval blockade for the rest of the ceasefire the Strait of Hormuz would be quickly closed once again, and that is precisely what happened.

Just hours after opening it, the IRGC shut down all traffic through the Strait of Hormuz and announced that any attempt to pass through would be "considered cooperation with the enemy, and the violating vessel will be targeted"…

Iran's Islamic Revolutionary Guard Corps (IRGC) reportedly issued a sweeping warning to ships in the region on Saturday, saying any movement toward the Strait of Hormuz will be viewed as cooperation with "the enemy."

"Following the violation of the ceasefire conditions, the American enemy did not lift the naval blockade of Iranian vessels and ports; therefore, from this afternoon, the Strait of Hormuz is closed until this blockade is lifted," the IRGC said, according to Tehran-based WANA News Agency.

The IRGC also instructed vessels in the Persian Gulf and Gulf of Oman to remain at anchor, warning that any ship approaching the strategic waterway "will be considered cooperation with the enemy, and the violating vessel will be targeted."

Needless to say, the Iranians were not bluffing.

On Saturday, multiple commercial vessels were fired upon…

Gunfire was reported after at least two vessels tried to pass through the waterway on Saturday – with the captain of one tanker claiming his ship was approached by two Iranian gunboats.

US security sources claimed that Iran carried out at least three attacks on ships, Axios reports.

The UK Maritime Trade Operations centre confirmed a cargo vessel was attacked by a projectile near Oman – damaging containers on board.