Iranian media reported that a U.S. Navy warship was attacked by Iranian missiles while attempting to transit the Strait of Hormuz. U.S. officials disputed the report, stating it was false, but acknowledged that the U.S. could authorize immediate retaliation against Iranian Revolutionary Guard Corps (IRGC) speedboats threatening vessels passing through the Strait. President Donald Trump announced ‘Project Freedom’ to rescue ships trapped in the Strait of Hormuz, escalating tensions.