US and Iran Exchange Strikes in Strait of Hormuz Region

Why it matters locally: While Delaware does not have a major port directly impacted by the Strait of Hormuz, disruptions to global oil and gas supplies due to increased tensions could lead to higher fuel prices and increased operational costs for businesses and residents throughout the state.

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Military operations between the United States and Iran have resumed following the collapse of an interim ceasefire agreement reached last month. Both nations have engaged in a series of back-and-forth attacks in recent days. The renewed hostilities center on the Strait of Hormuz, a key maritime passage. Iran has publicly stated that it considers the Strait of Hormuz a 'red line' regarding its strategic interests.