US Destroys Five Iranian Oil Tankers Amid Escalating Tensions
US forces have attacked Iranian oil tankers in the Gulf of Oman and near Kharg Island, escalating tensions between the two nations.
The US military destroyed five Iranian oil tankers, prompting Iran to retaliate with ballistic missile attacks targeting Al Azraq base in Jordan and claimed strikes on US Navy destroyers and regional tankers.
Crude oil prices have surged to $99.49 per barrel as a result of the escalating tensions and closure of the Strait of Hormuz, putting further pressure on regional shipping and energy markets.