Attacks in Strait of Hormuz Nearly Halt Shipping as US Reimposes Naval Blockade

Iran struck two UAE tankers in the Strait of Hormuz, nearly halting maritime traffic, while the US reimposed its naval blockade and oil prices surged.

• The UAE Defense Ministry said two of its tankers were hit by Iranian cruise missiles in the Strait of Hormuz, killing one Indian crew member and injuring eight.
• President Trump announced the US had reimposed its naval blockade on Iranian shipping, adding that the US would charge fees for protecting vessels in the waterway.
• Iranian Foreign Minister Araghchi stated that Iran is the protector of the Strait and deserves payment for safe passage, calling Trump’s reported 20% fee "too high."
• Oil prices rose 2%, with Brent crude reaching $84.98 a barrel, as supply fears escalated.

Latest developments

• The UK Maritime Trade Operations has reported that a tanker was hit by a missile off Oman's coast, south of the Strait of Hormuz, with investigations underway.
• India summoned Iran's deputy ambassador in New Delhi to protest the attack on two Emirati tankers in the Strait of Hormuz that killed an Indian citizen and injured others.