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The Strait of Hormuz region experienced military escalation between Iran and the United States, as Tehran announced it had targeted 10 ships near the strait in response to the U.S. military destroying five Iranian oil tankers. This led to the death of a sailor, the disappearance of another, and damage to commercial vessels. At the same time, Iran launched ballistic missiles at a U.S. military base in Jordan, with Jordanian authorities successfully intercepting 18 of the 20 missiles. The escalation resulted in a slowdown of navigation through the strait and an increase in Brent crude oil prices above $100 per barrel, while Trump accused Iran of attempting to influence the upcoming U.S. elections.
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