The U.S. and Iran exchanged fire in the Strait of Hormuz on Thursday, a U.S. official confirmed to Axios. Iranian state media reported that three U.S. destroyers were targeted by the Iranian navy, while the U.S. official said the U.S. conducted strikes on ...

It was not immediately clear what led to the incident, which came at a time when the cease-fire in the war has grown tenuous.

Iranian media reported an exchange of fire between Iranian and US forces near the Strait of Hormuz, amidst a shaky ceasefire between the two countries.

US and Iranian negotiators have reached a potential agreement to reopen the Strait of Hormuz and begin nuclear talks, the White House confirmed Thursday. President Trump would still have to sign off on the proposal as the White House blasted early reports of a deal on Wednesday as “propaganda.

The latest violence between the United States and Iran threatened a cease-fire and risked further stoking tensions in the region.

Oil prices rose after US and Iranian forces exchanged fire at the Strait of Hormuz, the first clash since the 7 April ceasefire, stoking fresh supply fears in a key global shipping lane.

Speaking to reporters after attending the NBA Finals in New York, Trump said the two parties are in the final stages of a "very, very good deal".