Iran Fires Back at US with Retaliatory Strikes in Jordan
Iran has launched retaliatory attacks on two US military bases in Jordan following a US strike on its Larak Island, which is strategically important for oil production. The National Iranian Oil Company's CEO, Hamid Bovard, confirmed that oil production continues normally despite the US claim that Kharg Island was destroyed.
US Treasury Secretary Scott Bessent announced plans to introduce weekly secondary sanctions against banks handling Iranian money in an effort to increase economic pressure on the regime. The European Union has pledged to support these efforts and promote regional stability, while the UAE strongly condemned Iranian drone activity over its territorial waters as a 'flagrant violation of its sovereignty'.
The US military's strike on Larak Island was seen as a significant escalation in tensions between the two countries, with Iran vowing to respond accordingly. The recent developments highlight the ongoing struggle for power and influence in the region.