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US launches another round of strikes on Iran as ceasefire teeters
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NEWSDECK ANALYSIS
The Strait of Hormuz is a vital shipping lane, with a significant proportion of the world's oil passing through it, making its status a key factor in global energy markets. The declaration by Tehran that the strait is closed, and the US insistence that it remains open, underscores the tensions between the two nations. The US has historically maintained a military presence in the region to ensure the free flow of oil and protect international shipping lanes.
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FT UK
US launches another round of strikes on Iran as ceasefire teeters
Trump administration insists that the Strait of Hormuz remains open after Tehran declared it closed
12 Jul, 21:51
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