“Iran insisted on Monday that it controlled the Strait of Hormuz — an assertion the United States has denied — as it launched a fresh barrage of strikes aimed at American military assets throughout the Middle East. The new attacks, following dozens more American strikes overnight, extended a cycle of attacks that is unraveling the U.S.-Iran cease-fire,” the New York Times reports.“Shipping through the strait plummeted over the weekend after Iran attacked a Cypriot-flagged container ship on Saturday, setting off an exchange of hostilities that spilled into Monday.”CNBC: U.S. and Iran exchange strikes as Strait of Hormuz standoff escalates.