Washington: The US has once again attacked Iran amid increasing tension over the shipping route in the Strait of Hormuz. The US military said new attacks were launched on an Iranian military base on Thursday evening. This is the 13th consecutive night of attacks.
Know what the US military said
The US military says the attacks are aimed at reducing threats to commercial shipping from the Islamic Revolutionary Guard Corps and holding Iran accountable. According to media reports, these attacks are taking place amid warnings from President Donald Trump.
Let us tell you that tension has increased between Iran and the US regarding the Strait of Hormuz (through which the world’s major oil is exported). Iran has been accused by its IRGC of targeting ships in this area.
Crude oil touched the $100 mark
Due to the fear of impact on the movement of ships from Hormuz as well as Bab Al Mandeb, the price of crude oil in the global market increased by seven percent and crossed $ 100 per barrel. Earlier, crude oil had reached this level in May. At the same time, American crude also went above $90 per barrel. It is expected that the price of oil may go up to $120.
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