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US forces completed a seventh straight night of strikes on Iranian military and logistics sites while Iran hit US bases in Kuwait and Jordan. Oil prices surged over four percent as both sides actively disrupted shipping through the Strait of Hormuz, threatening one-fifth of global oil supply.
The US struck over 140 Iranian military targets on Saturday as Iran declared the Strait of Hormuz closed and hit US facilities in Jordan, Kuwait, Oman, and Qatar.
Iran's Revolutionary Guards have warned that oil tankers crossing the Strait of Hormuz without authorisation risk being stopped, even as one tanker proceeded through the waterway. The threat could push up war-risk insurance premiums and crude prices, with major importers like India directly exposed.
US forces shot down Iranian drones near the Strait of Hormuz and struck radar sites in Iran, prompting Iran's Revolutionary Guards to fire seven ballistic missiles at Kuwait and Bahrain. The exchange threatens a ceasefire in place since April 8 and keeps a critical global energy chokepoint at risk.
Tag
US forces completed a seventh straight night of strikes on Iranian military and logistics sites while Iran hit US bases in Kuwait and Jordan. Oil prices surged over four percent as both sides actively disrupted shipping through the Strait of Hormuz, threatening one-fifth of global oil supply.
1mo ago · 4 min · Global Affairs
The US struck over 140 Iranian military targets on Saturday as Iran declared the Strait of Hormuz closed and hit US facilities in Jordan, Kuwait, Oman, and Qatar.
1mo ago · 4 min · Global Affairs
Iran's Revolutionary Guards have warned that oil tankers crossing the Strait of Hormuz without authorisation risk being stopped, even as one tanker proceeded through the waterway. The threat could push up war-risk insurance premiums and crude prices, with major importers like India directly exposed.
1mo ago · 3 min · Global Affairs
US forces shot down Iranian drones near the Strait of Hormuz and struck radar sites in Iran, prompting Iran's Revolutionary Guards to fire seven ballistic missiles at Kuwait and Bahrain. The exchange threatens a ceasefire in place since April 8 and keeps a critical global energy chokepoint at risk.
2mo ago · 4 min · Global Affairs
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