US and Iran Trade Fresh Strikes

Summary

Bloomberg's Abeer Abu Omar reports on the latest US-Iran tit-for-tat strikes, including attacks on ships and ports, retaliatory strikes on Jordan, Kuwait, and Qatar, and conflicting claims over the status of the Strait of Hormuz, with shipping traffic at a standstill.

• Iran attacked a Cyprus-flagged ship in the Strait of Hormuz over the weekend.
• The US retaliated with strikes on Iran's southern coast, including energy hubs and the port city of Bandar Abbas.
• Iran hit Jordan, Kuwait, and Qatar, damaging Qatar's oil company drilling department and injuring three people.
• Iran says the Strait of Hormuz is shut; US Central Command says ships are free to move, but traffic is largely at a standstill.
• Some ships were reportedly passing with transponders off, though caution remains high among ship owners.
• Talks remain suspended with no clarity on recommencement, and the Strait of Hormuz is a key clause in the earlier MOU.