Retaliatory Attacks Between U.S. and Iran in the Persian Gulf

Blasts rock key Iranian coastal areas near Strait of Hormuz

Unexplained blasts hit southern Iran near Bandar Abbas, Sirik, and Jask on Monday, flanking the Strait of Hormuz; Iranian authorities offered no explanation. Renewed instability at the world's top oil chokepoint (~20% of global supply) signals rising energy cost and hardware supply chain risk.