Commodities
US Launches Airstrikes Against Iran After Oil Tanker Attacks
The US has launched airstrikes against Iran in response to an attack on oil tankers in the Strait of Hormuz. The incident occurred earlier this month, but it appears that the situation escalated quickly over the past few days.
According to reports, a series of explosions struck oil tankers in the Gulf, prompting fears of a wider conflict in the region. The US has blamed Iran for the attack, while Tehran denies any involvement.
The US airstrikes targeted Iranian military sites, including an airbase in Jordan. Iran retaliated by striking back at US targets on Larak Island. It's unclear what this means for future developments in the region or whether a wider conflict is imminent.