Strait of Hormuz

Oil prices pulled back Tuesday after Brent crude surged nearly 6% the previous day, as traders weigh escalating Iran tensions against ceasefire prospects.

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

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

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.

Iran has submitted a 14-point peace proposal to the United States via Pakistan in response to a previous nine-point U.S. proposal. Trump says he is reviewing the new plan but remains skeptical, stating Iran has ’not yet paid a big enough price.'

Iran submits a 14-point peace proposal to the US through Pakistan, seeking to resolve all issues within 30 days, but mutual distrust remains the biggest obstacle.