U.S. Central Command confirmed a missile strike on a commercial ship in the Gulf of Oman, part of an ongoing naval blockade against Iran ordered by President Trump.
A Hellfire missile targeted the vessel's engine room, disabling it without sinking it. The strike marks a significant escalation in direct enforcement actions between the U.S. and Iran in the strategic waterway.
Market Impact
Prediction markets show a sharp decline in the probability of 20 ships transiting the Strait of Hormuz by May 31, now at 10%, down from 68% a week ago. The chance of Strait traffic normalizing by end of May stands at just 0.4%.
The likelihood of a U.S. invasion of Iran before 2027 is currently priced at 15.5%, down from 20% yesterday.
This article was edited by Estefano Gomez.