US targets Iranian missile sites near the Strait of Hormuz

The United States military said that it targeted sites along Iran’s coastline near the Strait of Hormuz, one of the world’s most critical energy chokepoints, because Iranian anti-ship missiles posed a risk to international shipping there, Reuters reported on Wednesday.

"Hours ago, U.S. forces successfully employed multiple 5,000-pound deep penetrator munitions on hardened Iranian missile sites along Iran’s coastline near the Strait of Hormuz," US Central Command (CENTCOM) said in a statement on the US social media company X’s platform.

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is down 0.31% on the day at $94.67.