US Strikes Three Iranian Oil Tankers After It Says Warships Were Targeted The latest round of violence between the US and Iran has highlighted the precarious balance of power in the Middle East, particularly with regard to control over the critical Strait of Hormuz.
The US military's decision to strike three Iranian oil tankers on Saturday, citing unprovoked attacks by Tehran's forces, is a stark reminder that this conflict has been simmering just below the surface for months.
The attacks on the tankers have sent shockwaves through global energy markets, with prices rising sharply as investors worry about the potential disruption to crude supplies.