The U.S. struck Iran’s coastal defences and missile sites on Wednesday after reimposing a naval blockade of its ports, while Iran threatened to shut off more regional energy exports, saying it was engaged in an “existential war” with America. The latest escalation comes days after a fragile truce collapsed, raising the spectre of a return to full-scale war, though analysts generally see that as less likely. Hostilities have intensified since Iran said late on Saturday it had closed the Strait of Hormuz. Military operations are also keeping ships from transiting the vital artery, whichRead more