Iran, US trade fire; Strait of Hormuz at risk.
Part of composite article Iran's Strait Toll Scheme Backfires as US-Iran War Wrecks Middle East, Kills Peace Deal View full article →
The United States and Iran have exchanged fire, raising doubts about the safety of the Strait of Hormuz. The clash follows Washington’s accusation that Tehran attacked a ship in the key waterway. Iran now claims the US has violated a peace agreement. The Strait is a crucial route for global oil shipments.