According to the semi-official Mehr News Agency, more than 3,700 cargo trucks are reportedly stalled at Iran’s borders with Turkey and Pakistan, with truckers alleging delays of up to 20 days amidst extreme heat and logistical shortages. Coinciding with a reported nearly 30% decline in non-oil exports to $15 billion, these trade disruptions occur against the backdrop of a US naval blockade of the Strait of Hormuz and recent cross-border attacks affecting Iraq-Saudi Arabia pipeline operations.
Iran and U.S. exchange fire in Strait of Hormuz
Summary
The U.S. and Iran exchanged fire in the Strait of Hormuz on Thursday, a U.S. official confirmed to Axios. Iranian state media reported that three U.S. destroyers were targeted by the Iranian navy, while the U.S. official said the U.S. conducted strikes on targets in the strait. The big picture: The U.S. official said the exchange did not constitute a resumption of the war, but the Iranian military described the U.S. strikes as a ceasefire violation and threatened retaliation. The extent of the strikes and resulting damage are unclear at this time. Iran's military said the U.S. had targeted an oil tanker and another ship entering the strait. President Trump pulled back on his operation for the Navy to facilitate shipping through the strait on Tuesday but left the U.S. blockade in place. The confrontation appears to have come as the U.S. attempted to enforce the blockade. Catch up quick: Iran responded to the since-abandoned U.S. operation on Monday by firing on U.S. naval vessels, commercial ships, and the United Arab Emirates. Trump's pullback came as the U.S. and Iran negotiate on a one-page memo to end hostilities and lay the groundwork for more detailed negotiations. This is a breaking news story and will be updated.
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Sources
- Barak Ravid; Dave LawlerBy Barak Ravid; Dave Lawler
The U.S. and Iran exchanged fire in the Strait of Hormuz on Thursday, a U.S. official confirmed to Axios. Iranian state media reported that three U.S. destroyers were targeted by the Iranian navy, while the U.S. official said the U.S. conducted strikes on targets in the strait. T…
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