Commodities
US Targets Three Iranian Oil Tankers Amid Escalating Tensions
The US military has launched a retaliatory attack on three Iranian oil tankers. The strike occurred after President Donald Trump posted on Truth Social that oil prices would drop significantly once the war with Iran is won. According to reports, one of the targeted tankers was located near Kharg Island.
The incident marks a significant escalation in tensions between the US and Iran, which have been escalating over the past few years. The US has imposed strict sanctions on Iranian oil exports, while Iran has retaliated by disrupting global oil supplies.