Iran-US hostilities rattle Hormuz oil traffic
The United States military struck an oil tanker near Iran's Kharg Island terminal, escalating hostilities between the two nations. This attack, the first since the US reimposed a blockade on Iranian ports, signals a broader military campaign that threatens shipping through the vital Strait of Hormuz, a chokepoint for nearly 20% of the world's oil. Iran has vowed to keep the strait closed until the US acknowledges its legal system, warning that any attacks on civilian infrastructure could provoke a wider regional response.