US Strikes Iran for 13th Night Running Amid Rising Oil Prices
The US military has launched strikes on Iran for the thirteenth consecutive night, with Iranian state media reporting casualties and explosions at key sites. The attacks targeted 'Iranian military command centers, drone storage facilities, communication networks, coastal surveillance sites, and maritime capabilities,' according to a statement from US Central Command (Centcom).
The strikes are part of an effort to reduce Iran's capacity to threaten civilian shipping in the region. President Donald Trump has threatened to use frozen Iranian assets to cover damages to ships and cargo, drawing a sharp warning from Iran's foreign minister.
Oil prices have climbed back above $100 a barrel as shipping through the Strait of Hormuz fell to its lowest level since May. The conflict has also led to concerns over global energy markets, with crude oil prices crossing $100 a barrel for the first time since May.