US and Iran Trade Fire for Sixth Day Over Strait of Hormuz
Part of composite article Oil Hits $100 as Houthi Tanker Strikes and U.S.-Iran Threats Rattle Markets View full article →
A battle over the strategic Strait of Hormuz has reignited conflict in the Middle East. The United States and Iran have exchanged strikes for six consecutive days, with Tehran warning of reprisals. The narrow waterway, a key passage for global oil shipments, remains the focal point of the escalating violence. No ceasefire is in sight.