24 articles · Updated · The Associated Press · May 8
In the Strait of Hormuz, US forces said the vessels were trying to breach its blockade as Iranian forces attacked three Navy ships overnight and the UAE reported missiles and drones that wounded three people.
Washington said no US ships were hit and is awaiting Iran's response to a proposal to end the war, reopen the strait and curb Tehran's nuclear programme, despite both sides accusing the other of violating a month-old ceasefire.
Iran's effective closure of the waterway and the US blockade of Iranian ports have trapped hundreds of commercial vessels, while an oil slick near Kharg Island has raised environmental concerns and fuel-market anxiety.
Can Iran’s “dark fleet” and hidden reserves outmaneuver the American blockade and prevent economic collapse?
Without allied support to reopen the strait, what is the strategic endgame for the U.S. blockade of Iran?
With the Strait of Hormuz closed, can the global economy withstand the largest oil supply shock in history?