U.S. launches new assault on Iran, which fires on U.S. base in Jordan
The strikes followed a weekend exchange of fire — the first since July — and Monday strikes on two tankers leaving the Strait of Hormuz.
On Tuesday, the United States launched airstrikes against Iranian targets, triggering Iranian retaliation and escalating tensions in the region. This marked the most serious conflict since July and contributed to a rise in global oil prices, pushing them above $4 per barrel to a five-week high. Iran continued to be defiant, warning it would prevent oil exports from the Gulf, despite President Trump's promise to hit Iran "hard" in response to the renewed strikes. U.S. Treasury Secretary Scott Bessent announced new sanctions would be imposed soon.
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