IRAN STRIKES GLOBAL SHIPPING: Massive Attack Sends Oil Prices Soaring...

Iran launched coordinated attacks against ten vessels transiting the Strait of Hormuz, one of the world's most critical energy chokepoints where roughly one-third of seaborne oil passes daily. The strike marks an escalation in Tehran's pressure campaign against commercial shipping, likely in response to regional tensions and Western military presence. The Strait's vulnerability to Iranian disruption has long concerned global markets—any sustained interference threatens oil prices and supply chains that dozens of nations depend on.