US blockade against Iranian ports: Day 3 of operation, economic impact on Iran

Fox News' Matt Finn reports the latest on the conflict in Iran as the U.S. blockade on the Strait of Hormuz continues.

Bill Hemmer and Dana Perino detail the US blockade against Iranian ports, now on its third day, with CENTCOM reporting a complete halt to economic trade. This action costs Iran an estimated $435 million daily. President Trump defends the operation, citing the risk of a nuclear-armed Iran and Maria Bartiromo's interview. Matt Finn reports on Gulf region concerns and Iran's threats to block shipping routes including the Strait of Hormuz.