Iran Seizes Multiple Vessels in Strait of Hormuz Amid Rising Tensions

Iran's Revolutionary Guard reportedly seized two ships and attacked a third in the Strait of Hormuz. This action follows a U.S. ceasefire extension and blockade, further escalating maritime tensions in the region. The incident has significantly impacted global oil trade, causing a 35% price increase and economic concerns, especially in Europe. Iran has linked its participation in peace talks to the removal of the blockade.