Iran has largely halted oil and gas exports through strait of Hormuz

AI Summary
For the past four days, Iran has effectively halted oil and gas exports through the Strait of Hormuz, causing a significant drop in maritime traffic. This disruption follows reported attacks on at least four tankers and warnings from an Iranian military official threatening further attacks on ships attempting to pass through the strait. In response, the US Central Command has engaged in a sustained campaign targeting Iran's navy, claiming to have sunk or crippled all 11 of its ships operating in the Gulf of Oman. The US military's efforts also include securing southern Iran, controlling maritime routes and airspace, and preventing Iran from mining the shipping lanes. The recent incidents at sea occurred near Sharjah in the UAE, prompting key maritime insurers to cancel coverage.
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