U.S., strikes Iranian military targets 140locations… closes Strait of Hormuz
The United States 140attacked Iranian military targets at locations there, and Iran declared that it would close the Strait of Hormuz. Because this clash could have a direct impact on the safety of Gulf waters and international shipping routes, energy and shipping markets are likely to react immediately and sensitively.
As the United States announced that it had attacked Iranian military targets at locations there on Saturday, news followed that the Strait of Hormuz had been closed. From investors’ perspective, the key point is that a blockade of a major shipping lane could have an immediate effect on the energy and shipping markets.140:
The United States said the attack took place on Saturday. The targets were reportedly locations related to Iran’s military infrastructure.
Iran then declared that it had closed the Strait of Hormuz. The decision to close it came shortly after a ship-attack incident.
Iran announced that it had attacked some countries in the Gulf region. The claim further escalated regional security tensions.
The trigger for the latest developments appears to be a series of attacks involving ships. Iran is said to have declared a closure of the strait on the basis of attacks on unauthorized vessels.
As military responses from both sides continued in succession, the safety of routes in the Gulf waters emerged as an issue. It is a matter directly linked to ship operating schedules and insurance costs.
The United States and Iran each presented their positions on the latest attack and the response, and the possibility of further announcements remains. The current situation is being classified as ongoing.
Sources: Reuters,Investing.com News
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