Iran operating like ‘Somali pirates’ with Strait of Hormuz, says US official

U.S. officials claim Iran is operating like ‘Somali pirates’ in the Strait of Hormuz, raising concerns about its economic pressure on the global economy. The U.S. intends to block Iran’s actions through the Strait of Hormuz blockade, and anticipates a positive outcome from the Trump administration’s military response. The U.S. is now producing more energy than Saudi Arabia and Russia combined, expecting oil prices to decrease when the Strait of Hormuz reopens.