US blockade of Strait of Hormuz now in effect

The United States has implemented a naval blockade in the Strait of Hormuz, preventing ships from entering or leaving Iranian shores except those carrying humanitarian aid that have been searched. Iran possesses between 3,000 and 5,000 fast attack craft, underwater drones, mines, and coastal cruise missiles, which pose significant challenges to US naval control of the narrow waterway. The strait carries 80 per cent of Asia's oil supply, with China being a major recipient of Iranian oil, and the blockade threatens global oil markets and potentially violates a recently agreed ceasefire.

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