The US military carried out new strikes overnight in Iran targeting a military site that officials believed posed a threat to American forces and commercial maritime traffic in the Strait of Hormuz.

The US military said it carried out strikes against targets including boats attempting to lay mines “to protect our troops from threats posed by Iranian forces”.

US forces struck Iranian missile sites and command nodes in southern Iran after an unprovoked attack on Navy destroyers in the Strait of Hormuz. Here's what it means for crypto.