Iran fired at least two missiles targeting commercial vessels passing through the strategically vital Strait of Hormuz, according to Bloomberg. The incident took place late Monday and was confirmed by a US official cited by Axios.
The missile strikes mark a significant security incident in one of the world’s busiest maritime chokepoints, raising concerns over the safety of shipping lanes critical for global oil and trade flows.
For Japanese investors and markets, any disruption in the Strait of Hormuz could impact energy prices and supply chains, given Japan’s heavy reliance on Middle Eastern oil imports.