Commodities
US Targets Iranian Oil Tankers Amid Escalating Conflict
US military forces launched strikes on three Iranian oil tankers in response to missile attacks targeting Navy warships, according to American officials. The military warned that it would 'destroy Iran's limited and exposed oil fleet' if necessary.
The incident marks a return to fighting after six months of on-again, off-again conflict, which began with US and Israeli attacks on the country on February 28.
US President Donald Trump had downplayed the situation just a day earlier, describing it as 'small potatoes.'