Iran and US Engage in Largest Tanker Strikes Yet Amid Ongoing Conflict
Iran and the US have escalated their six-month conflict in the Middle East, with both nations carrying out large-scale attacks on each other's tankers over the weekend. The latest round of strikes saw Iran hit three US-linked ships taking an unauthorized route through the Strait of Hormuz, while the US military responded by striking three Iranian crude tankers, one of which was destroyed.
The conflict has pushed oil prices higher as global inflation concerns continue to rise. The Strait of Hormuz is a critical waterway that connects the Persian Gulf to the Arabian Sea and is a key route for international oil shipments.
The US military's strike on Iranian tankers came after the Islamic Revolutionary Guard Corps targeted two US Navy warships with ballistic missiles. The retaliatory attacks by both sides are part of an ongoing six-month conflict that has disrupted shipping and stoked global inflation concerns.