Iran War update: Five things to know after the resumption of hostilities
Central Command has pounded Iran with 10 straight nights of strikes, saying that the attacks are to "degrade Iranian capabilities used to attack...
Key points
- Central Command has pounded Iran with 10 straight nights of strikes, saying that the attacks are to "degrade Iranian capabilities used to attack commercial shipping in the Strait of Hormuz." Here are some things to note: Plunge in Strait of Hormuz traffic Shipping through the critical waterway has fallen since the resumption of hostilities, with ships transiting the strait with their transponders turned off, according to Lloyd's team of analysts.
- However, the Trump administration has said the Strait remains open and millions of barrels of oil are being shipped out daily under U.S.
- The Strait of Hormuz is a critical energy chokepoint, with around 20.3 million barrels of petroleum and crude oil passing through the Strait of Hormuz daily, according to the U.S.
- He said Iran retained Hormuz leverage "like a switch that it can flip on and off," and warned that simultaneous disruption of Hormuz and the Bab el-Mandeb Strait would be catastrophic for the global economy.
What happened
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Central Command has pounded Iran with 10 straight nights of strikes, saying that the attacks are to "degrade Iranian capabilities used to attack commercial shipping in the Strait of Hormuz." Here are some things to note: Plunge in Strait of Hormuz traffic Shipping through the critical waterway has fallen since the resumption of hostilities, with ships transiting the strait with their transponders turned off, according to Lloyd's team of analysts. However, the Trump administration has said the Strait remains open and millions of barrels of oil are being shipped out daily under U.S. The Strait of Hormuz is a critical energy chokepoint, with around 20.3 million barrels of petroleum and crude oil passing through the Strait of Hormuz daily, according to the U.S. He said Iran retained Hormuz leverage "like a switch that it can flip on and off," and warned that simultaneous disruption of Hormuz and the Bab el-Mandeb Strait would be catastrophic for the global economy. Relief valve under threat On Monday night, Houthi militants declared a maritime embargo against Saudi Arabia effective immediately, threatening to exacerbate the oil supply disruption triggered by Iran's attacks on tankers...
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