U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

The US has sunk 16 Iranian minelayers in response to reports of Tehran mining the Strait of Hormuz, with President Trump warning of severe military consequences if the mines are not removed, escalating tensions between the two nations and potentially disrupting global oil supplies. This incident may lead to increased volatility in the energy market and impact global trade. The situation is being closely monitored by investors and policymakers alike.