The U.S. military launched new strikes against Iran in response to Iranian attacks on three commercial vessels that were transiting the Strait of Hormuz. The Trump administration also revoked a key waiver that allowed the sale of Iranian oil. Geoff Bennett discussed what the latest developments could mean for the global oil supply with maritime security expert Ian Ralby.Notice: Transcripts are machine and human generated and lightly edited for accuracy. They may contain errors.

Amna Nawaz:

Welcome to the "News Hour."The U.S. military has once again launched a series of attacks against Iran. The strikes, they say, are in response to Iranian attacks on three commercial vessels transiting the Strait of Hormuz, an act the U.S. calls a -- quote -- "clear violation of the cease-fire."

Geoff Bennett:

The Trump administration also today revoked a key sanctions waiver that allowed the sale of Iranian oil.Joining us now to discuss the latest developments and what they could mean for the global oil supply is maritime security expert Ian Ralby.Thanks again for being with us. We appreciate it.