Tensions Escalate in Strait of Hormuz Amid Renewed Iranian Attacks and US-led Protection Efforts

Tue, 05 May 2026 15:56:00 +0200

Renewed hostilities in the Strait of Hormuz have raised concerns about the fragile ceasefire between the United States and Iran. On Monday, Iran launched missiles and drones targeting the United Arab Emirates (UAE) for the first time since the ceasefire began in early April, hitting key oil infrastructure in Fujairah and injuring three Indian nationals. The UAE’s air defenses engaged 19 incoming missiles and drones, and authorities temporarily closed part of their airspace until May 11. Analysts suggest Iran’s attack may have been motivated by the UAE’s bypassing of the Strait of Hormuz via pipelines and its closer ties with Israel. In response, the US initiated “Project Freedom,” escorting merchant ships through the strait to ensure safe passage, while Israel coordinates with the US for potential targeted strikes against Iran. The situation has caused oil prices to fluctuate above $100 a barrel, affecting global markets and economies heavily reliant on Gulf oil exports, particularly i