The U.S. and Iran both conducted attacks in the Strait of Hormuz on Thursday, with Iran firing missiles and drones at three U.S. naval vessels and the U.S. striking a range of Iranian targets.
Why it matters: A U.S. official told Axios the exchange did not constitute a resumption of the war, but the Iranian military described the U.S. strikes as a ceasefire violation and threatened retaliation.
