WTI Crude Oil's Intraday Gains Narrowed To About 2.5%, Currently Trading At $104.6 Per Barrel, Almost Erasing The Gains Since Iran Claimed To Have Hit A US Warship

U.S. Central Command: Two Ships Flying The U.S. Flag Successfully Transited The Strait Of Hormuz

U.S. Central Command: A U.S. Navy Guided-missile Destroyer Is Currently Operating In The Arabian Gulf After Transiting The Strait Of Hormuz To Support Project Freedom

A U.S. Official Said That The Rules Of Engagement For The U.S. Military In The Middle East Have Changed, And They Are Now Authorized To Strike Targets That Pose A Direct Threat To Ships Crossing The Strait Of Hormuz, Such As Iranian Revolutionary Guard Speedboats Or Iranian Missile Sites

A Senior Iranian Official Said Iran Fired Warning Shots At A U.S. Warship To Prevent It From Entering The Strait Of Hormuz; It Is Unclear Whether Any Damage Was Caused

U.S. Central Command: U.S. Forces Are Supporting The "freedom Of Navigation" Operation And Imposing A Maritime Blockade On Iranian Ports

U.S. Central Command Has Denied That Iran Ever Launched A Missile Attack Against A U.S. Navy Vessel, Calling It Pure Iranian Propaganda. "This Is Something They've Fabricated. It's Simply Not True," Fox News Reported

WTI Crude Oil Has Fallen By About $2 From Its Intraday High And Is Currently Trading At $106.16 Per Barrel