The U.S. has resumed strikes against Iran following the escalation in the Strait of Hormuz
The U.S. has launched new strikes against Iran / Photo: X / U.S. Central Command
On July 7, the U.S. launched a “series of powerful strikes” against Iran in response to attacks on three commercial vessels passing through the Strait of Hormuz, according to U.S. Central Command (CENTCOM). "Iran's aggression was unprovoked, posed a serious threat, and constituted a clear violation of the ceasefire," the statement said.
A few hours earlier, Washington had revoked the sanctions relief that had allowed Tehran to export oil under a temporary peace agreement between the parties. This decision sent oil prices soaring: Brent futures jumped by more than 5%. Following the announcement of a new U.S. military operation, they accelerated their rise and were trading above $76 per barrel.
The escalation threatens the already fragile truce between the U.S. and Iran and heightens fears that the Strait of Hormuz could once again be closed to shipping, CNBC notes.
This article was AI-translated and verified by a human editor
