Iran has deployed new naval formations to monitor and target shipping in the Strait of Hormuz, where oil transit fell to 2.9 million barrels on October 11 from a pre-war daily average of 17.1 million and Brent traded near $106.58 early Wednesday, according to Al Jazeera.

Al JazeeraIran steps up Hormuz surveillance: Attacks soar, oil flows crash againShips in the Strait of Hormuz have been experiencing the worst spate of attacks since the start of the war.

With the strait this disrupted, which parts of the world economy do you expect to feel it first?

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I still do not understand how Iran even still HAS a navy? You would think that thier ships would be the first thing US missiles would have taken out?

I wonder what I am missing?

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