US, Iran Strike Oil Tankers in Biggest Attack Wave Since War's Start
The attacks followed the U.S. sinking of five Iranian oil tankers and pushed Brent crude above $100 a barrel, officials and traders said.
- On Wednesday, Iran attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, marking the biggest declared wave of tit-for-tat strikes since the six-month-old war began.
- Washington announced a policy of attacking Iranian tankers in retaliation for threats against warships, prompting the Islamic Revolutionary Guard Corps to threaten hitting 20 targets if struck two or three times.
- On Tuesday, Houthis launched attacks on four Saudi cities causing massive fires at oil installations, while Iran fired ballistic missiles at a U.S. base in Jordan where air defenses intercepted 18 of 20 missiles.
- Benchmark Brent crude futures breached $100 a barrel for the first time since July, while average U.S. diesel prices hit a record above $5.94 a gallon on Wednesday amid shipping disruptions.
- Secretary-General Antonio Guterres appealed to all sides to "exercise utmost restraint" as the Guards announced plans to release maps of a new, much larger off-limits maritime zone extending toward the Arabian Gulf.
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Iran reports the largest wave of attacks on shipping since the beginning of the war. The Strait of Hormus is under even more pressure. Disarmament from Washington hardly calms the markets.
US, Iran Strike Oil Tankers in Biggest Attack Wave Since War's Start
Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war.The attacks sent the price of oil surging…
US-Iran War Roars Back As Tankers Burn, Missiles Fly And Oil Tops $100
The U.S.-Iran war has erupted into another major round of fighting after weeks of relative calm.
The war between the US and Iran is increasingly spreading to shipping in the Gulf. New attacks on tankers are exacerbating the situation.
Iran and US strike tankers in biggest shipping attack since war began
Iran and the US on Wednesday traded their biggest wave of attacks on shipping since the war began, with Iran saying it struck 10 vessels near the Strait of Hormuz after US forces sank five Iranian oil…
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