US launches fresh strikes as Iran closes Strait of Hormuz

The US has launched a third round of military strikes against Iranian targets following an attack on a Cyprus-flagged vessel in the Strait of Hormuz. Iran has responded by closing the waterway and striking US-allied bases in the region, escalating tensions significantly.
Why it matters
The closure of the Strait of Hormuz and the exchange of fire between the US and Iran pose a major threat to global oil supplies and regional stability.
The photo released on July 21, 2019 shows the British oil tanker "Stena Impero" near the Strait of Hormuz, Iran. (Morteza Akhoundi/ISNA/Handout via Xinhua)
The article reports on military actions from both sides, though it relies heavily on US military statements.
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