U.S. strikes Iran tankers under new "tanker for tanker" policy
The strikes hit about 100 targets and bought at least a month of lower threat levels for commercial ships, a U.S. official told Axios.
- On Sunday, the US and Iran continued trading strikes on ships, marking the latest escalation in a conflict that flared a week ago.
- President Donald Trump insisted the Iran conflict is a relatively minor operation, telling reporters in the Oval Office on Friday that it is "small potatoes."
- Separately, a fuel tanker exploded in western Iran late Saturday, killing 11 people near Sanandaj; the Israeli military struck southern Lebanon early on Sunday, reporting more than 4,300 deaths since March 2.
- John Healey warned that the autumn Budget could be tough, stating "What's happening in the Middle East is hitting inflation, it's hitting growth, it's hitting borrowing costs."
- Oil and energy remain central to many of the 60 or so conflicts occurring globally, as the Iranian Red Crescent asked the International Criminal Court to investigate recent incidents citing civilian harm.
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93 Articles
Seoul shares open sharply higher on tech gains despite heightened Middle East tensions
Korean stocks started sharply higher Monday, driven by gains in tech shares, despite heightened military tensions in the Middle East. The benchmark Korea Composite Stock Price Index (KOSPI) rose 223.57 points, or 3.34 percent, to 6,910.78 at the opening bell. Overnight, military attacks intensified between the United States and Iran. Tehran said it targeted three oil tankers using an unauthorized route through the Strait of Hormuz, as well as se…
The Daily Item
gCaptainIran, US trade tit-for-tat tanker attacks as war drags on
Iran said it targeted three oil tankers using an unauthorized route through the Strait of Hormuz, as well as a number of U.S.-linked ships, in retaliation for American attacks on Iranian tankers over the weekend.
Iran and U.S. trade attacks on oil tankers as war continues
Iran said it targeted three oil tankers using an unauthorized route through the Strait of Hormuz, as well as a number of U.S.-linked ships, in retaliation for American attacks on Iranian tankers over the weekend. Read more...
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