US and Iran Exchange Strikes; Iran Closes Strategic Strait of Hormuz

The conflict between the United States and Iran has intensified significantly, with the US conducting new strikes on Iran's coastal energy infrastructure. In a retaliatory move, Iran has declared the closure of the Strait of Hormuz, a crucial global shipping lane, indefinitely. This escalation follows recent incidents, including Iran's seizure of a cargo vessel and US accusations against Tehran for an attack on a commercial ship near Oman, underscoring the volatile nature of the situation.