Bloomberg's Abeer Abu Omar reports on a fresh wave of US strikes against Iran, retaliation for Iranian attacks on American forces. The operation targeted military infrastructure, avoiding civilians. Escalation returns after a brief lull, with new fronts opening: Saudi Arabia hitting Iran-backed militia in Iraq, and Houthis threatening the Red Sea. The Strait of Hormuz remains largely paralyzed though an LNG tanker transited. Brent crude is pushing near $90 on these developments.
- US launched new strikes on Iran in retaliation for earlier Iranian attacks on American forces, targeting military sites.
- Saudi Arabia struck Iraq in self-defense after Iran-backed militia hit Saudi energy infrastructure, opening a new front.
- Houthis in Yemen are threatening movement in the Red Sea, adding to maritime risk.
- The Strait of Hormuz remains largely paralyzed, though a Qatari-linked LNG tanker passed with its AIS light on.
- Brent crude prices are edging very close to $90 per barrel as geopolitical tensions resurface.