Fighting escalates in Strait of Hormuz as Iran claims strike on US ship
The Korea Times10 newsrooms in 5 countries
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Picture: The Korea Times
CAIRO — Iran said Sunday it struck an unmanned U.S. vessel trying to enter the Strait of Hormuz, the latest salvo in a new flare-up of fighting between the two countries. The U.S. did not immediately confirm the purported attack, which came a day after the U.S. military said forces struck three Iranian oil tankers in response to a missile attack on Navy…
The Strait of Hormuz is a critical chokepoint for global oil shipments. Direct military exchanges between Iran and the U.S. in the region can disrupt energy markets and shipping routes that supply crude to refineries worldwide.
Most affected
Oil markets and shipping companies — Risk of supply disruption and route closures raises fuel costs and shipping insurance.
Likely next
Whether the U.S. officially confirms or denies the Iranian claim, and whether either side announces further military action.