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US and Iran launch new attacks as they wrestle for control of Gulf waters

Project Freedom sent U.S. warships and aircraft to escort commercial traffic after Iran fired missiles and drones at vessels and UAE facilities, officials said.

  • On Monday, Iran launched missiles, drones, and small boats at vessels in the Strait of Hormuz after President Donald Trump announced 'Project Freedom' to escort commercial ships through the waterway.
  • The waterway has been virtually blocked since joint U.S.-Israeli strikes in February, and a fragile ceasefire collapsed following months of maritime blockades and failed diplomatic talks between the two nations.
  • U.S. Central Command reported destroying six Iranian boats during the engagement, though Iran denied naval losses; separate Iranian missiles set a United Arab Emirates oil facility ablaze, injuring three Indian nationals.
  • Oil prices jumped more than 5 percent in volatile trade following the attacks, while experts caution that two U.S.-flagged vessels' successful passage does not mean the waterway is fully operational.
  • Iranian Foreign Minister Abbas Araqchi stated there was 'no military solution' to the crisis, warning the U.S. and the UAE against being drawn into a 'quagmire' as hostilities threaten global energy trade.
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Voltage in Hormuz, where the American Project Freedom operation takes place to restore freedom of navigation. The US claims to have opened a corridor to ensure safe passage into the Strait. Tehran denies and announces that it has fired missiles against US units

·Milan, Italy
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Reuters broke the news in United Kingdom on Monday, May 4, 2026.
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