Strait of Hormuz back to square one as Iran strikes ships on US-defined route

Following a renewed exchange of fire between the US and Iran, the Strait of Hormuz has returned to a state of high uncertainty. Iran has been striking ships that attempt to use a US-defined transit route through the strait, though it has not been completely closed. Negotiators have so far failed to reach a lasting peace deal, leaving the world's most critical oil shipping lane in a precarious state.

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📈 Business Oil drops 6% as US pauses strikes on Iran The Guardian Business · 1d ago 🌍 World Iran warns US allies as Brent crude tops $100 a barrel for first time since May France 24 · 3d ago 🌍 World Iran seizes control of Strait of Hormuz, putting US in strategic bind Interia Fakty · 4d ago

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📈 Business Oil drops 6% as US pauses strikes on Iran The Guardian Business · 1d ago 🌍 World Iran warns US allies as Brent crude tops $100 a barrel for first time since May France 24 · 3d ago 🌍 World Iran seizes control of Strait of Hormuz, putting US in strategic bind Interia Fakty · 4d ago