SNIP Summary: Trump has instructed aides to prepare for an extended blockade of Iran following a Monday Situation Room meeting, rejecting both a resumption of bombing and acceptance of Iran's current proposal The blockade is aimed at forcing Tehran to dismantle its entire nuclear programme, with Trump demanding at minimum a 20-year suspension of enrichment Iran's three-step proposal to reopen the Strait of Hormuz while deferring nuclear talks was rejected as evidence of bad faith The Strait of Hormuz is seeing its lowest transit levels since the conflict began, driving up energy costs and weighing on Trump's poll numbers ahead...