Iran Says It Fired Warning Shots to Block US Warship in Strait of Hormuz; Damage Unclear

Iran announced it fired warning shots in the Strait of Hormuz to prevent a US warship from entering. The two sides are in disagreement about whether the warship sustained any damage, raising concerns about global financial market volatility and potential disruptions to oil supplies. Rising tensions around the Strait of Hormuz are fueling fears of a broader conflict.