Iran Seizes Armoury Ship; Ship Sunk Near Hormuz
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- Iran seized a floating armoury ship in the Gulf of Oman and is taking it toward Iranian waters.
- UK Navy confirmed the vessel is being escorted to Iran after the seizure.
- NPR reported that a second ship was sunk near the Strait of Hormuz, raising the stakes of the confrontation.
- Trump and Xi jointly stated that the Strait of Hormuz must remain open, signaling a coordinated diplomatic stance.
Why it matters: Shipping firms lose time and face higher insurance costs as vessels avoid the now‑volatile Hormuz corridor, while Iran gains political leverage; the Trump‑Xi pledge to keep the strait open aims to protect global trade flows.
