Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day

The US Iran conflict escalates with a US strike on an Iranian warship. Shipping through the vital Strait of Hormuz is halted for five days. Oil and gas flows are choked off, impacting global energy markets. Asian refiners seek alternative oil sources as Middle East supplies are disrupted. The US pledges support for maritime trade in the region.

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