Iran and the United States Move Closer to Wider Conflict After Naval Clashes in the Strait of Hormuz

Tensions between Iran and the United States have escalated dramatically following naval clashes in the Strait of Hormuz, raising fears of a wider conflict. The U.S. has retaliated with airstrikes, while Iran maintains it was defending itself. The strategic waterway’s importance to global oil supplies makes any escalation a significant threat to energy markets.