Hormuz once again becomes the flashpoint of an open conflict

Dubai - 12 July 2026: Overnight into Sunday, the Strait of Hormuz once again shifted from being a symbol of a vulnerable global economy to the scene of direct military confrontation. According to US accounts, American forces struck Iranian targets after a container ship sailing under the Cypriot flag was hit in the strait. The vessel caught fire, its crew abandoned it, and one civilian crew member was initially reported…