Meanwhile shipping company Maersk said one of its US-flagged commercial vessels had successfully exited the Strait of Hormuz under US military protection.

President Donald Trump says the US has struck seven Iranian “fast boats” in the Strait of Hormuz, as Washington seeks to guide stranded ships out of the Gulf through the largely closed waterway. The UAE and South Korea both reported strikes on ships in the vital channel on Monday. The UAE also said a fire broke out at the oil port of Fujairah after an Iranian attack. Shipping company Maersk told the BBC that one of its US-flagged vessels had successfully exited the strait with US military protection - under what Trump has called “Project Freedom”. Iranian Foreign Minister Abbas Araghchi said that events in the strait “make clear that there’s no military solution to a political crisis”.

    • marcos@lemmy.worldEnglish
      16·
      13 hours ago

      A speed-boat is something you get a few dozens in a container, all for the price of a single missile the US will use to destroy them.

      Iran doesn’t need a navy to keep Hormuz closed.

      • Krusty@quokk.auEnglish
        213·
        12 hours ago

        I give Iran a month, tops. Trump going to get in there one way or another, as one does.

          • Krusty@quokk.auEnglish
            23·
            12 hours ago

            Bets on polymarket are largely favoring the strait will return to normal flow by the end of June.

            Trump is deploying 15,000 additional troops…

            • Photonic@lemmy.worldEnglish
              3·
              4 hours ago

              Ah yes, 15,000 additional troops will surely secure a country that is the size of like six US states combined.

              And polymarket bets are only won by those with inside knowledge:

              Just 0.1% of users earn 67% of the profits on the largest platform Polymarket

              So I wouldn’t put any hope in whatever they are predicting, since apparently, most people are wrong. Also polymarket bets apply logic and do not account for Taco Tuesdays where logic is wholly absent and only insiders will know what is going to happen a few hours in advance.

            • EvergreenGuru@lemmy.worldEnglish
              7·
              11 hours ago

              Interesting idea. My best bet is that’s the longest the US can wait for it to open. Meanwhile the Iranians continue to strike back and punish their neighbors hosting US forces, worsening the situation as the US claims to be fixing something that they broke to begin with.

              Right now propaganda is about how bad life in Iran is and how their government has lost support.

              The truth is that Iran has been living under US sanctions for years and it’s more likely this war will cause civil unrest in the United States before it convinces the people of Iran to overthrow their government.

              They’ve already been living at a low standard because of our economic war. We’re not ready because our quality of life can still be impacted significantly. But when will we feel the pain?

              Right now US political machinations have slowed rising oil prices. The situation shifts when the markets start determining the price of oil. If polymarket is any indicator, then insiders expect that to happen in June. Normal markets mean that the price gets set based on supply. Supply is down, so prices will be up.