US-Iran war news LIVE: Oil prices continue to rise as Iran attacks 'hostile targets' in Strait of Hormuz
US-Iran war news LIVE: Oil prices extended gains on reports that Iran attacked “hostile targets” in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal with Oman. Tune in to Live Mint to catch all the latest US-Iran war-related updates.
Oil prices continued to rise as Iran reportedly attacked "hostile targets" in the Strait of Hormuz, raising concerns over access to the critical waterway. West Texas Intermediate (WTI) soared above $78 a barrel after surging nearly three percent in the previous session, while Brent settled near $82. The attacks occurred on Thursday night after explosions were reported near Qeshm Island in Hormuz, according to Fars news agency.
Following the incidents, the US and Iran faced heightened tensions, with US President Donald Trump expressing confidence that the conflict would conclude soon, and crediting ongoing negotiations related to the Strait of Hormuz. Meanwhile, Iran's President Masoud Pezeshkian touted the nation's resilient governance and cooperation from neighboring countries during the ongoing West Asia conflict, asserting that ordinary citizens were largely unaffected.
Saudi Arabia reported injuries to over 10 civilians, including a four-year-old, in the region of Najran due to a series of attacks by Yemen's Houthi rebels.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
Also reported by 7 other outlets
- US-Iran war LIVE: US expects Iran-Oman deal on Hormuz soon; Saudi signs joint defense pact with Pakistan, Turkey livemint.com
- What is the Strait of Hormuz deal being negotiated between Iran and Oman? thenationalnews.com
- Iran says deal on Strait of Hormuz is close but will not open the waterway by itself al-monitor.com
- US official: 'We expect a deal soon' between Iran and Oman on Strait of Hormuz middleeasteye.net
- Iran says deal on Strait of Hormuz is close but will not open the waterway by itself channelnewsasia.com
- Iran, Oman continue to negotiate Strait of Hormuz deal cbsnews.com
- Iran war live: Trilateral Mecca defence pact signed, as Hormuz deal looms aljazeera.com
