US and Iran Exchange Strikes Amid Escalating Tensions, G20 Finance Leaders Call for Free Transit in Strait of Hormuz

The United States military has completed its latest strikes against Iran, with former President Trump vowing further retaliation for Tehran's response. This escalation follows reports of Iran's Islamic Revolutionary Guard Corps (IRGC) claiming a ballistic missile strike on US drone hangars in Jordan. Amid these heightened tensions, G20 finance leaders, excluding China, have issued a demand for free and safe transit through the Strait of Hormuz, a critical global shipping chokepoint.