Military Tensions Flare in Strait of Hormuz

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Wall Street Journal: “Military tensions flared in the Strait of Hormuz on Monday, as several vessels were struck amid Iranian threats, while the U.S. sent in destroyers and fought off further attacks.”“The skirmishing came hours after President Trump announced a new initiative to get ships that have been bottled up in the Persian Gulf out through the crucial waterway. Iran’s chokehold on the strait and an American blockade of Iranian ports have deprived global markets of millions of barrels of oil and are putting increasing pressure on Iran’s economy.”