US-Iran Conflict Over Strait of Hormuz Reaches Peak

The US and Iran are engaged in a high-stakes conflict over the Strait of Hormuz, with the US launching attacks on Iranian sites and threatening to close the waterway if Iran attempts to do so. The conflict has significant economic implications, as 20% of the world's oil passes through the strait. Israel is also a key player, with some speculating that it may directly join the US in attacking Iran.