Tensions Escalate as Iran Reasserts Control Over Strait of Hormuz

Kathmandu. Shipping traffic in the vital Strait of Hormuz has come to a standstill once again. The situation has turned volatile after Iranian gunboats opened fire on commercial vessels.Although Iran briefly reopened the route, it closed it again within hours, pressuring the United States to lift sanctions on its ports.According to the maritime analysis firm Lloyd's, many vessels stranded in the Persian Gulf region have begun returning to their previous locations. Ship owners reported receiving radio messages warning that the Strait is once again under the strict control and management of Iranian armed forces.The Strait of Hormuz is one of...