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The United States has launched multiple waves of military strikes on Iranian targets in response to an Iranian drone attack on a merchant container ship in the Strait of Hormuz. Iran's Revolutionary Guard retaliated with its own drone and missile attacks on US bases in neighbouring Gulf countries and claimed to have shut down the Strait of Hormuz, though both President Donald Trump and US Central Command have stated the waterway remains open. The escalation has caused oil prices to rise almost 4%, with Brent crude reaching approximately US$79 per barrel. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.
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