The Strait of Hormuz has been a flashpoint since the US-Iran war started more than two months ago after the US struck several key Iranian sites and Iran retaliated

Former Ambassador-at-Large Nathan Sales and former naval aviator Gregory Glaros discuss CENTCOM’s announcement that the U.S. blockade in the Strait of Hormuz is being ‘fully enforced’ on ‘The Sunday Briefing.

China stands to be impacted first, as the main buyer of Iran’s crude oil. But if the blockade drags on, its knock-on effects could impact the whole world.

Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war.

Iran's near-complete closure of the vital trade artery ‌since the joint Israeli-U.S. airstrikes on the country on February 28 has sent shockwaves through global energy markets

Iranian foreign ministry spokesman Esmaeil Baghaei said Iran is still looking over a proposal from the U.S. regarding an end to the war, adding that Tehran will not respond to “deadlines or ultimatums" and that those "mean nothing.

The U.S. and Iran continue exchanging attacks in the Strait of Hormuz, while Iran has yet to respond to a U.S. peace proposal aimed at ending the conflict.

The U.S. conducted strikes against at least two locations in Iran on Thursday, a U.S. official said. The strikes in Bandar Abbas and Qeshm Island were defensive, the official said, and do not constitute a resumption of major combat operations against Iran.