Middle East crisis live: ‘We have not even begun’, Iran warns US amid escalation in strait of Hormuz
The US and Iran exchanged attacks in the Gulf amid a tense struggle for control of the Strait of Hormuz, with the US claiming it destroyed Iranian military boats and escorted merchant vessels through the strait. Iran denied the US claims and launched drone and missile attacks on the UAE, igniting a fire at the Fujairah oil port. The conflict has raised global economic concerns, with the IMF warning of severe consequences if the war prolongs and oil prices surge.
- ▪The US said it destroyed six Iranian military boats, a claim denied by Tehran.
- ▪Iran attacked the UAE with drones and missiles, setting the Fujairah oil port on fire.
- ▪Two US-flagged merchant vessels crossed the Strait of Hormuz under US military escort.
- ▪Trump announced 'Project Freedom' to help hundreds of stranded ships pass through the strait.
- ▪IMF chief Kristalina Georgieva warned of a potential global economic downturn if oil prices reach $125 a barrel.
- ▪Iranian foreign minister Abbas Araqchi stated peace talks were ongoing with Pakistan's mediation.
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02.30 EDTOpening summary: US targets Iranian boats amid tense push for control of strait of HormuzWe are restarting our live coverage of the US-Israeli war on Iran. The US and Iran launched new attacks in the Gulf on Monday as they wrestled for control over the strait of Hormuz amid dual maritime blockades, taking the region back to the brink of full-scale war.The fresh volleys of missiles and drones came after Donald Trump launched a new effort to get stranded tankers and other ships through the vital energy and trade route that has been virtually shut since the US-Israeli war against Iran began in late February.On Monday, several merchant ships in the Gulf reported explosions or fires, the US said it had destroyed six small Iranian military boats – a claim Tehran denied – and Iran…
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