U.S., Iran trade attacks; Trump says Iran to pay for ship damage

Tensions between the U.S. and Iran escalated as both nations exchanged accusations over incidents in the Strait of Hormuz. President Trump asserted that Iran would have to pay for damages to a U.S. Navy ship, signaling no immediate retreat from confrontation. This volatile exchange underscores the precarious situation in one of the world's most critical waterways for oil transport, raising concerns about potential broader regional conflict. The ongoing dispute highlights the fragile state of U.S.-Iran relations and the significant geopolitical implications for global energy markets.