US and Iran trade strikes after tankers hit in Strait of Hormuz
The United States and Iran traded military strikes after tankers were hit in the Strait of Hormuz. The US military says it struck missile sites and command centres, while Iran says it attacked US bases. The exchange marks a renewed escalation between the two sides.
The United States and Iran have traded military strikes after tankers were hit in the Strait of Hormuz, according to the BBC. The US military said it struck missile sites and command centres.
Iran, for its part, said it attacked US bases in the region. The exchange of strikes points to the breakdown of a recent lull between the two sides and a renewed escalation in tensions.
The events are unfolding around the Strait of Hormuz, one of the world's most critical energy chokepoints. The course of developments in the region, and any diplomatic efforts to contain them, are expected to be watched closely in the days ahead.
Read next
Oil prices jump by the most in two months after Trump suggests U.S.-Iran cease-fire is over
Oil prices jumped by the most in two months after President Donald Trump suggested a cease-fire with Iran is over. According to MarketWatch, Brent crude and West Texas Intermediate contracts climbed after Trump said dealing with Tehran is "a waste of time."
IMF sharply downgrades Cambodia's economic growth forecasts
Four Ugandan farmers sue in UK court to halt EACOP oil pipeline before first oil
Britain's Farage resigns as MP to stand for re-election amid dispute over gift worth millions
