Iran, U.S. militaries trade shots as Strait of Hormuz tensions escalate

Iranian Revolutionary Guard Corps missiles were fired at a U.S. Navy frigate in the Strait of Hormuz, escalating tensions. The U.S. is responding by supporting commercial shipping transit through Project Freedom, while Iran has warned against U.S. military access. Recent failed negotiations between the U.S. and Iran have further heightened tensions over the Strait of Hormuz.