Trump warns Iran of strikes unless Hormuz reopens
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- Trump warned Iran that the United States would launch a new wave of bombing unless a peace deal includes reopening the Strait of Hormuz for international shipping.
- Iran said it is reviewing the latest U.S. proposals to end the war but firmly denied involvement in the May 4 blast aboard the Panama‑flagged South Korean cargo ship HMM Namu in the Strait of Hormuz.
- U.S. Central Command reported that a U.S. fighter jet disabled the rudder of an Iranian oil tanker in the Gulf of Oman on May 6 as the vessel attempted to breach the U.S. blockade of Iran’s ports.
Why it matters: Shipping firms and oil traders stand to gain if Hormuz reopens, while Iran loses maritime leverage; the U.S. blockade threatens Iranian export revenues and raises insurance costs for global carriers.
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