Explainer: What to know about renewed U.S.-Iran standoff over Strait of Hormuz

Tensions between the United States and Iran have escalated over the Strait of Hormuz, posing no relief to the global energy crisis and risking further escalation. The U.S. launched ‘Project Freedom’ to guide ships through the waterway, prompting a strong military response from Iran, including attacks on UAE territory. Recent Iranian missile and drone strikes on the UAE have heightened the situation.