Iran’s top security body announced on Monday, May 18, the formation of a new body to manage the Strait of Hormuz, which Tehran has effectively closed and wants to charge ships to traverse.
Iran-Israel war LIVE: Israel military issues fresh evacuation warnings for south Lebanon
The attacks — and Iran’s chokehold on the Strait of Hormuz — have more than halved the Emirates’ exports of crude oil and natural gas. Its tourism and conference sectors have also suffered




