US disables Iranian tankers as Strait of Hormuz tensions escalate
🔴 Tension RisingBusinessLine2026-05-08
The US has attacked Iranian tankers in the Strait of Hormuz, while Iran has retaliated by attacking US military facilities, escalating tensions. The US is awaiting Iran’s response to its proposal for a deal to reopen the strait and roll back its nuclear program, and Iran condemned the US action as reckless. The tenuous ceasefire is under strain.