Commodities
Iran Claims Responsibility for Tanker Strike Amid Ongoing Mideast Tensions
Iran has claimed responsibility for striking an oil tanker in the Strait of Hormuz, a strategic waterway that connects the Persian Gulf to the Arabian Sea.
The incident occurred as hundreds of thousands of people rallied in Tehran in support of the government, marking one of the largest demonstrations since the US and Israel attacked Iran's military targets in February.
South Korea has announced plans to expand its naval operation in the Gulf of Aden off the Arabian Peninsula to protect its ships and oil routes, but it will not send troops to intervene in the conflict between Iran and other nations.