US-Iran strikes deepen Strait of Hormuz crisis after tanker attacks
Why it matters: The clash threatens a route that had carried 5 million to 8 million barrels a day under US naval escort, with oil prices rising.
Renewed US and Iranian strikes have pushed the Strait of Hormuz back toward open conflict after Iran attacked three tankers using a US-protected route near Oman. US Central Command said it carried out retaliatory strikes, while Washington also revoked a waiver that had let Tehran sell oil globally under an interim accord. The latest fighting has put that deal in doubt. CNBC reported the agreement left ship-traffic management unresolved, with Iran insisting vessels should use a northern corridor through its waters while the US and Gulf allies expanded a southern lane along Oman’s coast. The escalation lifted crude prices and added to fears of wider disruption in one of the world’s most important oil chokepoints.
Sources
Earlier in this story
- 1 hour agoU.S. strikes 170 targets in Iran over 2 days, 14 killed
- 2 hours agoOman, Iran continue talks on Strait of Hormuz navigation in Muscat
- 3 hours agoIran closes Strait of Hormuz again after firing on Cyprus ship; U.S. responds
- 5 hours agoUS-Iran strikes deepen Strait of Hormuz crisis after tanker attacksreading now
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- Jul 10US strikes in 5 Iranian provinces kill 14, wound 78
- Jul 10U.S. strikes Sirik and Qeshm in Iran, 13 blasts near Hormuz
- Jul 9US strikes two Iran rail bridges, disrupting Mashhad route
- Jul 9Iran strikes U.S. bases in Bahrain, Kuwait, targets 85 sites