US says two American-flagged merchant vessels have gone through Strait of Hormuz
Two US-flagged merchant vessels have successfully transited the Strait of Hormuz, the US military said, after Iranian media claimed a US ship was hit by Iranian missiles. Oil prices rose and stocks fell due to renewed concerns about the safety of transiting the waterway.
The US military confirmed that two American-flagged merchant vessels have successfully passed through the Strait of Hormuz. The development comes after Iranian media reported that a US ship was hit by Iranian missiles. President Donald Trump stated that US forces would help guide stranded vessels. The Strait of Hormuz has seen reduced traffic due to heightened tensions. The Iranian navy claimed to have fired warning shots near US destroyers operating near the strait. The US Central Command said American forces are assisting efforts to restore transit for commercial shipping. Oil prices rose and stocks fell amid concerns about the safety of the waterway.
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