What Happened
Escalating Conflict In The Strait Of Hormuz
The US has struck multiple Iranian tankers in response to attempted missile attacks on a Navy warship, according to a US official. The move is part of a dual economic and military approach by President Donald Trump to bring an end to the more than six-month-old war with Tehran. The conflict is affecting global oil prices, with a barrel of international standard Brent crude briefly climbing to $99.46 on Tuesday. The US has also imposed sanctions on Iran’s aviation industry, targeting more than two dozen commercial and private airlines. This development was reported by the Associated Press.