Commodities
US Military Strikes Iranian Oil Tankers Amid Escalating Tensions
The US military has launched a surprise attack on three Iranian oil tankers, escalating tensions between the two nations. This move comes after American warships were targeted with missiles.
The strikes are a stark reversal of President Donald Trump's earlier assessment that the conflict was 'small potatoes'.
The US military has warned it will take action to protect its interests and destroy Iran's oil fleet if necessary, citing concerns over the country's limited and exposed oil resources.