Hostilities between the U.S. and Iran continued to escalate on Tuesday night, as the U.S. destroyed five Iranian oil tankers, and Iran retaliated by attacking numerous civilian vessels and launching missiles at U.S. forces in Jordan. The benchmark price of oil rose above $100 per barrel for the first time since July amid the escalation.
U.S. Central Command (CENTCOM) said five Iranian crude carriers were destroyed by U.S. airstrikes in response to Iran’s Islamic Revolutionary Guard Corps (IRGC) launching ballistic missiles at a U.S. Navy warship twice in two days.
“Iran continues to try to hit U.S. naval ships, and for every time they do that…
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