APTOPIX Iran War Strait of Hormuz

A senior Iranian official says Tehran plans to announce an “exclusion zone” outside the Strait of Hormuz, targeting vessels it believes are attempting to transit the waterway. This comes a day after the U.S. struck three Iranian oil tankers in response to Tehran launching ballistic missiles at U.S. warships, which experts called a dangerous escalation. There were few details about Iran's planned new zone. The U.S. has been increasing economic pressure on Iran after negotiations collapsed. The Strait of Hormuz is crucial to global oil shipments. Both the U.S. and Iran are claiming the ability to get oil out to the world.