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FILE PHOTO: Ships and boats in the Strait of Hormuz, Musandam
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Moneycontrol•18-10-2026, 08:54
US Military Affirms Strait of Hormuz Remains Open Despite Iranian Attacks
  • •The US military reports that 97 per cent of vessels seeking to transit the Strait of Hormuz have passed through safely despite Iranian strikes.
  • •CENTCOM Spokesperson Navy Captain Tim Hawkins stated that coordinated naval protection has helped thousands of commercial ships navigate the corridor.
  • •The confirmation follows an incident where the Singapore-flagged container ship GFS Pride was struck by an Iranian projectile and later sank.
  • •US Admiral Brad Cooper noted that ongoing maritime security efforts continue to sustain the uninterrupted flow of international commerce.
  • •Meanwhile, Iran's Islamic Revolutionary Guard Corps claimed an illegal supertanker carrying crude oil was hit by a sea mine in the strait.

Key Questions Answered

The US military claims that approximately 97 percent of vessels seeking to transit the Strait of Hormuz have passed through safely without being hit by Iranian projectiles.

CENTCOM reported that Iran has lost USD 25 billion from affected oil exports, had USD 350 million in cryptocurrency frozen, and faces shortfalls across multiple heavy industry, energy, and military sectors.

CENTCOM confirmed that the GFS Pride, a Singapore-flagged container ship owned by a Cyprus-based entity, was struck by an Iranian projectile and later sank while being towed ashore.