HomeNews
Share

The U.S. and Iran have once again exchanged blows. "It will get better in the end", Trump declared

Oil prices accelerated gains on the back of these reports

Maliarenko Evgeniia

Evgeniia Maliarenko

Photo: tuan12 / Shutterstock

Photo: tuan12 / Shutterstock

The U.S. and Iran exchanged strikes again in the Middle East over the weekend amid ongoing peace talks, with the U.S. striking several military targets in southern Iran, the Financial Times and The Wall Street Journal (WSJ) reported. The Islamic Revolutionary Guard Corps, in turn, told Iranian media of its attacks in the early morning hours of Monday, June 1. The war in the Middle East is now in its fourth month.

Details

U.S. Central Command (Centcom), which oversees operations against Iran, announced late in the evening of Ma. 31 that it had struck Iranian "radar and drone control sites" near the city of Goruk and on Qeshm Island over the weekend. The strikes, according to the U.S. military, were in response to Tehran, which Centcom said "shot down a U.S. MQ-1 drone operating over international waters." U.S. fighter jets also shot down two Iranian attack drones that "posed a threat to ships," the agency said.

Iran's Islamic Revolutionary Guard Corps said it responded to the attacks. After that, the WSJ points out, missile and drone strikes hit Kuwait. The source of these firings was not specified. The alert, according to local media, sounded throughout the country. All this - against the background of ongoing negotiations between the US and Iran on peace. Thus, even at the end of last week, American President Donald Trump said that the agreement of the deal was close to being finalized.

Commenting on June 1 on critics' reports of stalled negotiations and a war now in its fourth month, Trump wrote in Truth Social that Iran, in his view, does "really want an agreement," but "it will be good for the U.S." and its allies, the American leader assured. "Just relax, things will work out in the end - as they always do," Trump addressed his critics.

What about the oil

On June 1, oil prices accelerated their growth on the background of these reports: August Brent contracts added 3% - traded at $93.85 per barrel. American WTI with delivery next month is also growing in price by 3.33% - it costs more than $90.

This article was AI-translated and verified by a human editor

Share

Trending

Stock Screener
Buy
Sell
Small Caps
Investment and Finance News