Strait of Hormuz Tensions Escalate: Ships Attacked, Oil Prices Soar
Tensions escalate in the Strait of Hormuz as three merchant vessels, including a container ship on fire, are targeted. Irans attacks on ships and energy sites intensify, leading to a critical threat level. Oil prices surge past $100 a barrel due to Irans near-blockade, causing the biggest supply crunch ever. Iran vows to block oil to the U.S., Israel, and allies, while U.S. forces strike Iranian military aircraft and Israel targets Hezbollah in Lebanon.
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