US and Iran vie for Strait of Hormuz, waterway key to global energy supplies, in latest attacks
Tensions have escalated in the Strait of Hormuz as the U.S. and Iran trade strikes and accusations of control over the critical maritime energy corridor. The conflict threatens to derail interim diplomatic efforts and risks a return to full-scale regional war.
Why it matters
The Strait of Hormuz is a global energy chokepoint; instability here has immediate and severe consequences for global oil prices and international security.
Manila Bulletin - US and Iran vie for Strait of Hormuz, waterway key to global energy supplies, in latest attacks
US and Iran vie for Strait of Hormuz, waterway key to global energy supplies, in latest attacks
Commercial vessels are seen in the Strait of Hormuz off Bandar Abbas, Iran, Tuesday, June 30, 2026. (Amirhosein Khorgooi/ISNA via AP)
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