Iran US War Latest: Sailor Killed After Iranian Commercial Ship Attacked in Strait of Hormuz Explosions are echoing through the Strait of Hormuz, an Iranian island is ablaze, and the global oil market is bracing for impact.
The latest salvo in a simmering proxy war between Iran backed Houthi rebels and Saudi Arabia threatens to upend one of the world's most critical shipping lanes.
At its core, this conflict is about control of the region's lucrative oil trade. For years, the West has been largely oblivious to the disruption caused by the Houthis' westward expansion around the Red Sea.