Donald Trump has announced a blockade of the Strait of Hormuz, escalating tensions with Iran following unsuccessful peace talks. This move could significantly affect global oil markets.
The Iris Dena, an Iranian warship, sank off the coast of Sri Lanka after being struck by a US submarine, leading to multiple casualties and a military response.
Iran is reportedly negotiating with China to acquire supersonic missiles, which could significantly enhance its naval capabilities and threaten US forces.