AP NewsWatch

0:00I'm Ben Thomas with an AP News Minute. Iran's chokehold on the Strait of Hormuz is recalling an episode known as the Tanker War. John Campbell reports from Dubai. This happened in 1987 and 1988 and saw the United States Navy guide Kuwaiti oil tankers reflagged with the American flag out to the open seas. Iran was engaged in a years-long war with Iraq. Iraq had started attacking Iranian oil facilities and tankers and Iran responded by attacking Iraqi ships as well as the ships of other Gulf Arab countries. This tanker war saw mines hit these vessels, Iranian missile strikes, jets, the Navy was able to get dozens of convoys out. It's a different time now. Iran holds much more sophisticated missiles, drones, and small fast boats that it's used to capture two cargo ships in the last couple of days. And the United States is a belligerent different than in the 1980s. Support comes from wise, the smart way to move the currencies you need around the globe.

1:03Fed up with losing out when you send money abroad with your everyday bank, with every transfer, marked up exchange fees can add up, eating into your money before it's even gotten to the other side. You want the right currency at the right rate right away. That's why 50 million people choose the smart way, the wise account. Whether you're sending money back home or moving money between your accounts in different countries, count on the exchange rate you'd usually find on Google. No unwelcome surprises. With wise, say goodbye to that, where's my money feeling? Most transfers arrive before you can hit refresh in under 20 seconds. Join millions saving billions on hidden fees. Be smart, get wise. Download the wise app today, terms and conditions apply.