Iran has blocked tanker traffic through the Strait of Hormuz since the U.S. and Israel started the war in late February, resulting in supply and price shocks.

On Sunday, President Donald Trump announced that the U.S. will help stranded vessels in the Persian Gulf navigate through the blockaded Strait of Hormuz.

Iran on Monday reportedly targeted a U.S. warship trying to enter the Strait of Hormuz, forcing it to turn back, a claim quickly disputed by the U.S....