Iran has declared the Strait of Hormuz closed to all vessels following a second night of reported attacks by the U.S. military. Iranian military officials stated any attempt to transit the vital waterway will be met with force. This declaration escalates tensions significantly in the region, impacting global oil supplies and maritime traffic. The U.S. has not yet officially commented on Iran’s announcement regarding the Strait of Hormuz. The recent attacks initiated by the U.S. are the direct cause cited by Iran for this action. The Strait of Hormuz is a crucial chokepoint for approximately 20% of the world’s oil supply, making its closure a matter of international concern. Further escalation appears likely as both sides remain firm in their positions.