"US military attacked Iranian targets in the Strait of Hormuz, an American official told me. The American official claimed that the attacks do not constitute a renewal of the war with Iran", Axios' Ravid posts
The US military's attack on Iranian targets in the Strait of Hormuz marks a significant escalation in tensions, even as the American official downplays the situation as not a renewal of war.
The US Trade Court has ruled against President Trump's 10% global tariffs
Explosion was heard in Abu Dhabi, Fars News reports citing Arab sources
"US military attacked Iranian targets in the Strait of Hormuz, an American official told me. The American official claimed that the attacks do not constitute a renewal of the war with Iran", Axios' Ravid posts
An explosion was heard in Minab, SNN reports
Three American destroyers were attacked by the Iranian Navy near the Strait of Hormuz, Tasnim sources say
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This escalation could impact energy markets, particularly WTI prices, given Hormuz's critical role in global oil shipping. Traders should closely monitor market reactions and sentiment around commodities and potential geopolitical ripple effects.
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