Trump Strikes Iran Again as Strait of Hormuz Fight Heats Up

📡 Financial Times yesterday · 1 min read ·

Part of composite article Oil Hits $80 as US Blockade Sparks Stock Drop View full article →

The United States launched a new round of strikes against Iran, escalating tensions just as a ceasefire appeared fragile. President Donald Trump insisted the Strait of Hormuz—a key waterway for global oil shipments—remains open. Tehran, however, declared the strait closed, raising fears of a direct military confrontation. The conflicting statements come as both sides trade fire, putting the region on edge.