Iran says it targeted an American base after fresh US strikes
According to BBC reporting, Iran's Revolutionary Guards said they responded by striking a base used by US forces, after the US carried out attacks on a site near Bandar Abbas. The hostilities are taking place during a fragile ceasefire and ongoing negotiations. Oil prices rose more than 2%; markets are repricing Strait of Hormuz concerns.

According to BBC Middle East, Iran's Revolutionary Guards (IRGC) announced that they targeted a base used by US forces, in response to a fresh US strike on a site near Bandar Abbas. The hostilities, the report says, are taking place against the backdrop of a fragile ceasefire and ongoing negotiations to end the three-month war.
The official statement from US Central Command described its initial strike as 'limited and pre-emptive', while the Iranian side rejected that characterisation and called the step a violation of its national sovereignty. Diplomatic contacts via Oman and Qatar are reportedly continuing. According to the report, the United Nations Secretary-General called on the parties to exercise restraint.
Markets watched the development closely; Brent crude and WTI futures rose more than 2%. Lloyd's war-risk premiums are being reviewed again for Gulf routes. Shipping data around the Strait of Hormuz will remain a critical indicator for global supply outlook if tensions escalate. This article is not personal investment advice.
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