PANews|May 05, 2026 00:45
[US and Iran Clash in the Strait of Hormuz, US Claims to Have Destroyed 6 Iranian Boats]
According to the *Financial Times*, a clash occurred between the US and Iran near the Strait of Hormuz, escalating the Hormuz crisis once again. Oil prices briefly surged to $115 per barrel, and US Treasury bonds faced sell-offs. Additionally, Reuters reported that the US initiated the "Project Freedom" operation to reopen the Strait of Hormuz. The US military claimed to have destroyed six Iranian boats, intercepted cruise missiles and drones launched by Iran's Revolutionary Guard, and escorted two US commercial vessels through the strait. Reuters noted that due to conflicting statements from both sides, it is currently impossible to independently verify the full situation on-site in the strait.
The Associated Press, citing sources from the UAE, reported that the UAE intercepted 15 missiles and four drones, with damage and casualties occurring in the Fujairah region. Iran has neither explicitly acknowledged nor denied responsibility but accused the US of "military adventurism.
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