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US-Iran Exchange of Strikes; Strait of Hormuz Closed Again

A sharp escalation between the United States and Iran unfolded over the weekend after Iran's Islamic Revolutionary Guard Corps (IRGC) struck a commercial container ship, the GFS Galaxy, transiting the Strait of Hormuz on what Tehran described as an 'unapproved route.' The attack set the vessel ablaze and forced its crew to abandon ship; Omani authorities rescued 23 of the 24 crew members, with one still missing, including at least one Indian national. The US military responded with a third consecutive round of strikes on Iranian cities and military targets, including sites in Bushehr province, killing at least one Iranian navy lieutenant.

Iran then announced the re-closure of the Strait of Hormuz — one of the world's most critical oil chokepoints, through which roughly 20% of global petroleum trade flows — declaring it would remain shut 'until the end of US interference in this region.' An adviser to Iran's supreme leader described the strait as 'more important than dozens of atomic bombs.' Iran followed with drone and missile barrages targeting US military facilities and Gulf state partners: Kuwait scrambled air defences, Qatar condemned the strikes on its territory as a 'dangerous escalation,' Oman denounced the attack, and Jordan and Bahrain were also struck. Several Gulf governments, which host major US military bases, faced the first direct Iranian strikes on their soil in the current conflict cycle.

The exchange represents some of the most intense direct US-Iran military confrontation in decades and comes after a Memorandum of Understanding signed in Islamabad that Washington is now accused by Tehran of violating. Pakistan's deputy prime minister called both sides urging restraint. The IDF placed forces on standby to rejoin the conflict. With the Strait of Hormuz closed, global energy markets face severe disruption risk, shipping insurance costs are expected to spike, and diplomatic efforts by regional actors and European powers to prevent a broader war are intensifying. The situation remains highly fluid.