U.S. and Iran exchange fire in strait as Trump attempts to open shipping lane
<p>The U.S. is using force in the <a href="https://www.axios.com/2026/05/04/iran-attack-uae-missiles-ceasefire-hormuz" target="_blank">Strait of Hormuz</a> and diplomacy in New York in an effort to break Tehran's chokehold on the vital shipping lane.</p><p><strong>Why it matters:
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