Global energy benchmarks surged past $100 a barrel as military engagements in the Persian Gulf deepened disruptions to trade routes. The oil shock is driving up retail fuel costs worldwide and pressuring central banks.
The strikes on the M/T Downy, Stark 1, and M/T Kylo follow IRGC attacks on American warships and come amid the effective closure of the Strait of Hormuz.
A shooting at a Seattle food festival leaves three dead and four wounded as police search for a suspect. Meanwhile, international tensions ease temporarily with a U.S.-Iran military strike pause and FIFA faces scrutiny over tournament governance.
As U.S. airstrikes against Iranian targets continue for an 11th night, the rising death toll of American service members sparks intense debate in Congress.
US airstrikes continue for the ninth consecutive night as the conflict escalates following the deaths of American personnel and tensions in the Strait of Hormuz.
Escalating hostilities between the US and Iran have reached a turning point as both nations strike essential water and energy infrastructure. The conflict now impacts regional humanitarian stability and the vital oil transit routes through the Strait of Hormuz.
Global energy markets face renewed volatility as rising US-Iran military tensions threaten shipping lanes and supply chains. Brent crude reached $86.72.
Financial markets saw equities climb and oil prices retreat as investors assessed the impact of the US-Iran conflict and Strait of Hormuz transit constraints.
Hostilities between the U.S. and Iran have surged following a collapsed ceasefire, resulting in widespread military exchanges and retaliatory strikes.