An oil tanker caught fire after being struck by an unknown projectile while transiting the Strait of Hormuz, with the US accusing Iran of attacking 2 commercial ships. The incident occurred despite a ceasefire between the US and Iran and ongoing diplomatic efforts to secure a longer-term peace agreement. The Strait of Hormuz remains one of the world's most strategically important maritime chokepoints, carrying around 20 million barrels of crude oil every day in 2024, or roughly one-fifth of global oil supply, according to the US Energy Information Administration. The attack occurred when a one-week agreement between the US and Iran to halt attacks in the Strait of Hormuz expired. The temporary pause had coincided with Iran's six-day state funeral ceremonies for former supreme leader Ali Khamenei, whose body was moved from Tehran to the holy city of Qom on Monday after a massive funeral procession that drew millions of mourners. The US is now likely to consider retaliatory strikes against Iranian targets. The incident is expected to renew concerns over the security of global energy supplies as tensions in the Gulf continue to simmer. The British military said the tanker was attempting to exit the Strait of Hormuz into the Gulf of Oman when it was struck. The latest incident is expected to renew concerns over the security of global energy supplies as tensions in the Gulf continue to simmer. The Strait of Hormuz remains one of the world's most strategically important maritime chokepoints, carrying around 20 million barrels of crude oil every day in 2024, or roughly one-fifth of global oil supply, according to the US Energy Information Administration. The attack occurred when a one-week agreement between the US and Iran to halt attacks in the Strait of Hormuz expired. The temporary pause had coincided with Iran's six-day state funeral ceremonies for former supreme leader Ali Khamenei, whose body was moved from Tehran to the holy city of Qom on Monday after a massive funeral procession that drew millions of mourners. The US is now likely to consider retaliatory strikes against Iranian targets. The incident is expected to renew concerns over the security of global energy supplies as tensions in the Gulf continue to simmer. The British military said the tanker was attempting to exit the Strait of Hormuz into the Gulf of Oman when it was struck. The latest incident is expected to renew concerns over the security of global energy supplies as tensions in the Gulf continue to simmer. The Strait of Hormuz remains one of the world's most strategically important maritime chokepoints, carrying around 20 million barrels of crude oil every day in 2024, or roughly one-fifth of global oil supply, according to the US Energy Information Administration. The attack occurred when a one-week agreement between the US and Iran to halt attacks in the Strait of Hormuz expired. The temporary pause had coincided with Iran's six-day state funeral ceremonies for former supreme leader Ali Khamenei, whose body was moved from Tehran to the holy city of Qom on Monday after a massive funeral procession that drew millions of mourners. The US is now likely to consider retaliatory strikes against Iranian targets. The incident is expected to renew concerns over the security of global energy supplies as tensions in the Gulf continue to simmer.