Iran Attacks Tankers in Hormuz Amid Khamenei Funeral Rallies

Iran's Foreign Minister shared images of massive rallies for Khamenei, killed in February U.S.-Israeli strikes, while the IRGC warned ships off a U.S.-backed route and projectiles hit Qatari and Saudi tankers near Oman.

The attacks breached a fragile June 17 MoU promising safe passage and a ceasefire, prompting U.S. strikes on Iranian sites, revoked oil waivers, and condemnation from Gulf states like Qatar and Saudi Arabia.

With 20% of global oil flowing through the strait, tensions test the deal's survival as oil prices spike and shipping risks climb.

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