Rising tensions in the Strait of Hormuz and the Red Sea are threatening key global shipping routes. Here's the latest on what's happening and what it could mean for energy markets.

State-run media in Iran say an Iranian commercial vessel has been struck off Qeshm Island in the Strait of Hormuz, with one person killed and four wounded.

The attack comes as Iran and the US clash over the strategic waterway. It happened off the coasts of Hengam and Qeshm islands.

A commercial ship was struck near the Strait of Hormuz as fresh attacks hit Saudi Arabia and Gaza. The violence coincided with regional talks on shipping security and urgent calls for de-escalation.

There was no immediate statement by the U.S. military, which previously has struck Iranian-flagged vessels as it keeps up a blockade of Iranian ports.

Iranian state media say an Iranian commercial ship has been struck near the Strait of Hormuz, with one person killed.

An Iranian commercial ship was struck in the Strait of Hormuz, resulting in one death and heightened regional tensions.