Commodities
US Hits Iranian Oil Tankers in Escalating Conflict
The US military has targeted three Iranian oil tankers in response to missile attacks on American warships, according to statements from the American military. The strikes come after six months of on-again, off-again conflict between the two nations.
The incident began with US and Israeli attacks on Iran on February 28, and both sides have since sought to inflict economic pain through various means.
The US military warned that it would 'if necessary, destroy Iran's limited and exposed oil fleet' following the strikes. This latest development marks a return to fighting after six months of relative calm.