The United States has launched a third straight night of airstrikes on Iran, with President Donald Trump unveiling plans to enforce a maritime blockade on the nation and impose a 20% tariff on cargo transiting the Strait of Hormuz under US-controlled security. The US Central Command explained that these strikes target Iran’s military capabilities to prevent assaults on commercial shipping and civilians in this crucial waterway. President Trump affirmed that military actions would persist, emphasizing that the US would uphold security control over the strait.
This development comes after reports that two United Arab Emirates oil tankers were hit by Iranian cruise missiles in Omani waters, resulting in the death of an Indian crew member and injuries to several others. The growing tensions have led to an almost 8% increase in Brent crude oil prices, highlighting rising concerns about global energy supplies.
Iran has strongly criticized the proposed blockade, accusing the US of endangering international energy security and cautioning that any attempts to limit its maritime access would provoke a robust response. International maritime authorities have pointed out that mandatory transit fees in international waterways lack a legal foundation under current international law.
The escalation in military activity has heightened fears of a broader regional conflict, with ongoing attacks disrupting shipping routes, increasing oil prices, and injecting uncertainty into the global economy.