The Strait of Hormuz remains at the centre of the escalating US-Iran conflict after an unknown projectile struck a tanker near Oman’s Khasab, triggering a fire. The blaze has been extinguished, with no casualties or environmental impact reported so far. In this video, Firstpost explains the latest tanker incident and the growing standoff between Washington and Tehran. As Iran maintains its blockade of the vital waterway and the US continues its naval counter-blockade, President Donald Trump is increasingly turning to economic pressure and sanctions against Iran. US Treasury Secretary Scott Bessent has outlined plans for the 'economic asphyxiation' of Iran, while Iranian President Masoud Pezeshkian has rejected the impact of Washington's sanctions. Meanwhile, China has condemned the US sanctions and reaffirmed its strategic ties with Tehran. Gursshheen Gahllen tells you more.

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