Trump weighs broader Iran strikes as Hormuz traffic slows
Why it matters: Oil climbed above $100 a barrel, and the White House threatened to use about $2 billion in blocked Iranian funds for shipping damages.
Subject
#United States Central Command
US sets Tuesday Iran port blockade, 20% Hormuz cargo toll
Why it matters: The move targets a waterway that carries about a fifth of global oil and gas, after fresh US-Iran strikes shook the region.
Iran re-closes Strait of Hormuz after Israeli strikes hit Lebanon
Why it matters: About 20% of global oil and LNG passes through the waterway, though US Central Command said shipping was still moving Saturday.
BBC News (US & Canada), The New York Times +2
Trump threatens Hormuz tolls as Iran claims strait closure
What's next: Iranian and US negotiators are due in Switzerland as Washington says ship traffic is still moving through the waterway.
PBS NewsHour, The Hill
US strikes Iran after Apache helicopter was shot down
What's next: The retaliation clouds an April ceasefire and raises the risk of wider fighting around the Strait of Hormuz.
The New York Times, Bloomberg +7
US downs 6 Iranian missiles, 4 drones in Gulf exchange
Why it matters: The strikes hit traffic near the Strait of Hormuz and prompted Bahrain sirens as oil and gas route risks climbed.
The New York Times, NPR +1