Escalating military conflict in the Strait of Hormuz sent Wall Street tumbling from its record highs on May 4, with crude oil prices surging and global shippers continuing to avoid the strait, raising fears of a broader economic crisis.
US AH-64 Apache and MH-60 Seahawk helicopters sank six Iranian speedboats in the Strait of Hormuz that were reportedly targeting civilian vessels. Trump warned the Iranian regime could be ‘blown off the face of the Earth.’
Iran launched its first attack on UAE targets since the early April ceasefire, firing four cruise missiles at Fujairah and hitting an oil facility with a drone, as the U.S. initiated Project Freedom to escort ships through the strait.
The US military denied Iran claim of striking an American warship in the Strait of Hormuz as tensions escalate in the critical global oil shipping lane.
Two missiles struck a US Navy vessel near the Strait of Hormuz forcing it to turn back according to reports from the Jerusalem Post marking the first direct attack on American forces since Trump announced escort operations
US Secretary of State Marco Rubio plans to meet Pope Leo XIV to discuss Iran tensions and differences between the Trump administration and the Vatican
Trump announced that the United States will begin providing naval escorts for commercial vessels transiting the Strait of Hormuz to ensure shipping security in the Gulf region. The move is seen as the latest pressure measure against Iran.
Trump announces US Navy will begin escort operations Monday for foreign vessels trapped in the Strait of Hormuz, warning Iran that any disruption will be met with force
Iran says it has received a US response to its 14-point peace proposal, but Trump expressed skepticism, saying Iran offered an ‘impossible military operation or bad deal.’
Trump announces US military will begin escorting vessels trapped in the Persian Gulf through the Strait of Hormuz, as Iran says it has received a US response to its 14-point peace proposal.