Brent tops $90 as US-Iran strikes intensify and Hormuz tension grows

1 min read
Source: The Guardian
Brent tops $90 as US-Iran strikes intensify and Hormuz tension grows
Photo: The Guardian
TL;DR Summary

The US launched a ninth night of strikes on Iran after another American service member was killed in a drone-related incident in northern Iraq, while Brent crude rose to about $90 a barrel amid escalating tensions around the Strait of Hormuz. Iran claimed attacks on US targets and Syria, Bahrain warned of spillover, and Israel warned of retaliation; the US reinforced support to allies and reimposed a naval blockade on Iranian ports to curb oil shipments, as diplomacy stalls and Tehran suspends parts of the interim deal.

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