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The US and Iran are locked in a tense standoff over the Strait of Hormuz, a critical waterway for global oil shipments. Recent attacks on ships in the strait and the wider Gulf region have raised fears of a fragile ceasefire between the two countries falling apart. The US has warned of a 'devastating' response to any attack on the strait, while Iran has activated a new transit system there.
Despite the US offering to assist commercial ships and claiming the strait is safe, much of the waterway remains deserted as both sides vie for control. The US offensive phase of the conflict is reportedly over, but a blockade continues. President Trump has threatened Iran, and US officials like Rubio and Hegseth are involved in the situation. The standoff has drawn in companies like Maersk and involves the US Central Command (CENTCOM).
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