Shipping Chaos: Iran Claims Strike on US Drone Near Hormuz

The clock is ticking on a chaotic week for global shipping as tensions flare across the Middle East. Iran's Islamic Revolutionary Guard Corps claims its navy just slammed an American "Saildrone-type" unmanned vessel in the Strait of Hormuz, saying they stopped what they called an aggressive mission. That report comes right after the UK Maritime Trade Operations Centre confirmed projectiles hit two ships off the coast of Oman.

Chaos is spreading south too. Iran-backed Houthis have grabbed control of Mocha, a major port in Yemen. They are pushing hard to take over more of the Red Sea coast. This seizure marks another blow to trade routes that keep goods moving for the world's economy.