A UK military organization on Monday said it received a report of an oil tanker being struck by a projectile in the Strait of Hormuz amid new warnings ...
Oil tankers in the Strait of Hormuz are now earning over $1 million daily due to heightened risks from the Iran war, with shipping costs skyrocketing from $208,000....
South Korea says it is considering expanding a naval operation in the Gulf of Aden to protect its ships and oil-shipping routes, but it will not send troops to intervene in the Iran war ....
Separately, Iran said it struck a Togo-flagged oil tanker, the Trend, for what it called an "illegal attempt" to pass through the Strait of Hormuz, the state broadcaster reported, citing the Revolutionary Guard Corps.